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DALTON, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Tranquility of Dalton in the Chattanooga, Tennessee, suburb of Dalton.
The asset was built in two phases: The 34-unit assisted living section was built in 2013, and the 24-unit memory care section was built in 2016.
The seller is a partnership that divested Tranquility of Dalton to exit the seniors housing industry. The buyer is a Southeast-based owner-operator that is strategically adding to its portfolio.
Daniel Geraghty and Brad Clousing of SLIB handled the transaction.