SLIB Negotiates Sale of Two Communities in Wilkes-Barre, Pennsylvania

WILKES-BARRE, Pa. — Senior Living Investment Brokerage has arranged the sale of  Little Flower Manor and St. Therese Residence, as well as St. Luke’s Villa, both in Wilkes-Barre, which is in Northeastern Pennsylvania.

The Diocese of Scranton sold the properties to a local nonprofit buyer for an undisclosed price.

Little Flower Manor is a 133-bed skilled nursing facility with an attached 60-unit personal care building called St. Therese Residence. One mile away is St. Luke’s Villa, a 50-bed skilled nursing, 48-unit personal care, and 31-unit independent living community.

As long-term care becomes increasingly sophisticated and complicated, The Diocese of Scranton was finding itself ill-equipped to address the evolving needs in the space. The Diocese plans to use the sale to support other ministry and community-related initiatives, as well as funding for the Independent Survivors Compensation Program.

Toby Siefert and Ryan Saul of SLIB handled the transaction.