Colliers Brokers Sale of 120-Bed Community in St. Petersburg, Florida

ST. PETERSBURG, Fla. — Colliers International has arranged the sale of Loving Care of Saint Petersburg in the Tampa suburb of St. Petersburg.

The property features 120 beds across 60 units. The assisted living facility has a limited mental health specialty license.

Best Care Senior Living at St. Pete acquired the property from Loving Care of St Petersburg for an undisclosed price. The community was 80 percent occupied at the time of sale.

Kenneth and Damien Carriero of Colliers arranged the transaction.