SLIB closed the sale of Vermillion Place, an assisted-living facility for seniors in Anderson, Indiana. The facility is located about 3 miles northeast of Indianapolis.
The owner of this family-owned property decided to sell and was encouraged by its lender to divest.
The buyer is a private owner that previously provided owners with operating, clinical and environmental consulting services for many years. This is the buyer’s first move into ownership.
Ryan Saul and Nick Cacciabando with SLIB handled the transaction.
