CARTERSVILLE and CALHOUN, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two assisted living and memory care communities in Cartersville and Calhoun, located between Atlanta and Chattanooga, Tenn.
The communities, both branded as The Fountains, total 127 units.
The seller is a private owner-operator exiting the business. The buyer is a partnership between a private REIT and a regional operator. The price was not disclosed.
Bradley Clousing and Daniel Geraghty of SLIB handled the transaction.