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MILTON, Ga. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Brickmont Assisted Living, a 94-unit seniors housing community in Milton, approximately 30 miles north of Atlanta.
The seller was a local developer that elected to exit this asset as it was the company’s first building and had reached the end of its investment horizon. The buyer was a Tennessee-based partnership looking to expand its southeast footprint in strategic markets. The price was not disclosed
The community was built in 2016. Bradley Clousing and Daniel Geraghty handled the transaction for SLIB.