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STOW, Ohio — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Landing of Stow, a seniors housing community in Stow, approximately 27 miles southeast of Cleveland.
The property was built in 2008 and offers 61 assisted living and 20 memory care units.
The seller of the community chose to divest this asset to focus attention on communities that more closely align with its current footprint. The buyer is a Midwest-based owner-operator looking to strategically add to its existing footprint in Ohio. The price was not disclosed.
Bradley Clousing, Dan Geraghty and Ryan Saul handled the transaction for SLIB.