BRINKLEY, Ark. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Cla-Cliff Nursing and Rehabilitation Center, a 116-bed skilled nursing facility in Brinkley, approximately midway between Little Rock and Memphis, Tennessee.
The property has been owned and operated within the same family for almost 60 years.
The seller was a local owner-operator looking to retire and exit the skilled nursing industry. The buyer is a regional owner looking to add to its existing portfolio. The price was not disclosed.
Daniel Geraghty and Bradley Clousing handled the transaction for SLIB.
“Cla-Cliff Nursing and Rehab has been in the same family since inception in 1962,” says Geraghty. “The community will benefit operationally from the buyer’s expanding footprint throughout the region.”