Kentucky

OWENSBORO, Ky. — Senior Living Investment Brokerage has arranged the sale of Heritage place, a 65-unit assisted living community in Owensboro, located southwest of Louisville and southeast of Evansville, Indiana. A large, regional owner-operator acquired the community from a Northeast-based owner that was divesting the only non-skilled nursing asset from a recent portfolio purchase. The price was not disclosed. The property was constructed in 2001 and sits on a 1.7-acre site. Daniel Geraghty, Brad Clousing and Jeff Binder of SLIB handled the transaction.

HENDERSON, Ky. — Senior Living Investment Brokerage (SLIB) has arranged the sale of four assisted living and independent living communities in Henderson, just across the Ohio River from Evansville, Indiana. The communities offer a combined 120 assisted living units and 38 independent living units. They were built in 2000, 2014, 2017 and 2019. The seller was a local owner-operator that developed and operated these assets since their inception. The buyer is a Kentucky-based owner-operator looking to grow its portfolio strategically in Western Kentucky. The price was not disclosed. Ryan Saul …

FORT MITCHELL, Ky. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 95-unit assisted living and memory care community in Fort Mitchell, a suburb of Cincinnati in northern Kentucky. The property was built in the late 1990s. A regional owner acquired the property for an undisclosed price. The seller was a national developer/investor seeking an exit strategy in order to maximize value for more than a dozen geographically disparate, older-vintage communities. The communities were purchased in a sizable portfolio transaction pre-COVID, under a value-add thesis contemplating operator …