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PEKIN, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Hallmark House, a 71-bed skilled nursing facility in the Peoria suburb of Pekin.
A private, California-based owner sold the community. The buyer continued with the acquisition despite the complications of the COVID-19 pandemic.
Although the price and buyer were not disclosed, Craig Casagrande and Andrew Jones of Capital Funding Group provided a $16.8 million bridge-to-HUD loan for the acquisition.
Ryan Saul of SLIB facilitated the sale.