Senior Living Investment Brokerage (SLIB) facilitated the sale of a senior living community in Hanover, Minnesota. The community consists of 48 units and is situated across ± 6.44 acres.
The transaction was completed through a formal bankruptcy proceeding, with the sale completed under court order — a process requiring close coordination among counsels, the court, committees and the operations teams. The purchaser is an experienced Minnesota operator and a repeat SLIB client, and the acquisition marks the latest step in its continued expansion across the state.
Jake Anderson, Jason Punzel, Vince Viverito, and Taylor Graham of SLIB handled the transaction.
