SLIB Negotiates Sale of 86-Unit The Palms of Ponte Vedra in Florida

by Jeff Shaw

PONTE VEDRA, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of The Palms of Ponte Vedra, an 86-unit assisted living and memory care community in the Jacksonville suburb of Ponte Vedra.

Constructed in 2015, the two-story building sits on 14.5 acres. 

The seller was a regional owner-operator in Florida. The buyer was a locally based regional owner-operator looking to expand its presence in Florida. The price was not disclosed

Brad Clousing and Daniel Geraghty led the transaction for SLIB.

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