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AUBURN, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 70-bed skilled nursing facility in the small Central Illinois city of Auburn.
The community was built in 1970. Occupancy was 75 percent at the time of sale.
The seller was a regional owner-operator looking to exit a non-core asset while the buyer was looking to expand its presence in central Illinois. The price and name of the facility were not disclosed.