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ALEXANDRIA, Minn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Diamond Willow Assisted Living & Memory Care, a 20-unit community in Alexandria, approximately 130 miles northwest of Minneapolis.
Built in 2006, the 15,483-square-foot community sits on nearly three acres of land.
A private equity firm divesting of a geographic outlier sold the asset to a nonprofit looking to expand in Minnesota. The price was not disclosed.
Jason Punzel, Vince Viverito, Brad Goodsell and Jake Anderson led the transaction for SLIB.