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BIRMINGHAM and TUSCALOOSE, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 194-unit portfolio located in Alabama.
The portfolio includes Regency Retirement Village of Birmingham and Regency Retirement Village of Tuscaloosa. Totaling 87 units, the Birmingham community features 38 independent living, 24 assisted living and 25 memory care residences. The Tuscaloosa community features 107 units, with 26 independent living residences and 81 assisted living and memory care residences.
Ryan Saul, Daniel Geraghty and Brad Clousing of SLIB brokered the sales on behalf of the seller, a Tennessee-based owner and operator.