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WESTERN NEW YORK — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 120-bed Assisted Living Program (ALP) licensed facility in Western New York.
Built in 1999, the community totals 60 units. The community can serve both private-pay and Medicaid residents.
The seller is a nonprofit organization and seniors housing operator looking to scale back on its senior living presence. The buyer is a private owner with a focus on communities in New York that are licensed for ALP. This is the fourth community the Buyer has acquired.
Patrick Burke and Dave Balow of SLIB handled the transaction. The price was not disclosed.