SLIB Brokers $7.7M Sale of 88-Unit Community in Texas

by Jeff Shaw

KEENE, Texas — Senior Living Investment Brokerage has arranged the $7.7 million sale of Chisholm Trail Estates, an 88-unit independent living and memory care community in Keene, approximately 45 miles southwest of Dallas.

Cornerstone Healthcare Group, a local hospital provider, bought the community from an independent, local owner/operator. It is the company’s first seniors housing community.

Chisholm Trail Estates was built in 1988 and updated in 2003.

Matthew Alley led the SLIB team in the transaction.

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