SLIB Brokers Sale of Community in Oklahoma for $13.8M

by Jeff Shaw

OKLAHOMA CITY — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of a 124-unit assisted living community in Oklahoma City for $13.8 million. The name of the facility was not disclosed.

The community was built in 1998, with expansions in 2001 and 2005. The original developer and operator sold the facility to a nonprofit seeking to expand its presence in the seniors housing market.

Matthew Alley and Nick Cacciabando of SLIB led the transaction.

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