MADISON, Wis. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Wickshire Madison, an assisted living community in Madison.
The property was built in 1992 on a 2.5-acre plot.
A Northeast-based private REIT sold the property to a private regional company looking to expand in the Midwest. The price was not disclosed.
Daniel Geraghty and Ryan Saul of SLIB handled the transaction.
“The asset is a well-run community, being 100 percent occupied, which will make for an excellent addition to the buyer’s growing Wisconsin portfolio,” says Geraghty.