ESI Negotiates Lease for 120-Bed Skilled Nursing Facility in El Paso, Texas

EL PASO, Texas — Evans Senior Investments has arranged a lease agreement for a 120-bed skilled nursing facility in Texas.

A locally based operator will now take over management of the facility, the name and location of which was not disclosed. The community had undergone several recent renovations, including new flooring and furnishings, in addition to a replacement roof and HVAC system. 

ESI represented the owner in the transaction.

“The new tenant is one of the strongest operators in the state of Texas, with more than 50 facilities under management in the state,” says Jeremy Stroiman, CEO of ESI. “This transaction offered the opportunity for the owners to partner with an experienced operator and transition to a non-operational ownership interest.”