SLIB Negotiates $3.8M Sale of 85-Bed Facility in Pennsylvania

GLEN ELLYN, Ill. — Senior Living Investment Brokerage Inc., a Glen Ellyn-based brokerage firm, has arranged the sale of an 85-bed personal care and memory care community in Pennsylvania.

Built in 2000, the property totals 45 units. The name, specific location and name of the seller were not disclosed.

The buyer is a regional owner-operator looking to expand its presence in Pennsylvania. The new owner plans to improve marketing at the community to improve occupancy and margins.

Matthew Alley, Ryan Saul and Toby Siefert led the transaction for Senior Living Investment Brokerage.

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