LADY LAKE, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living community in Lady Lake, immediately adjacent to retirement mecca The Villages.
The seller is a Northeast-based real estate private equity fund that purchased this asset as part of an extensive portfolio in December 2021. This asset was an operational outlier from the rest of the portfolio.
The buyer was a regional owner-operator looking to add to its existing operations throughout Florida.
Brad Clousing, Daniel Geraghty and Ryan Saul led the transaction for SLIB. The price and name of the community were not released.