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QUINCY and CENTRALIA, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Cedarhurst of Quincy and Cedarhurst of Centralia, both located in the southern portion of Illinois.
Quincy is licensed as a Supportive Living Program (SLP) community with 56 units and Centralia is an all-private-pay, 16-unit memory care community.
The seller developed, owned and operated both properties. The buyer was an Illinois-based owner-operator with an existing presence in the state and familiarity with SLP. The price was not disclosed.
Ryan Saul and Jeff Binder led the transaction for SLIB.