SLIB facilitated the sale of an 88-unit assisted-living community in Lansing, Michigan.
The property sits on an 8.61-acre site with easy access to major highways.
The community includes a mix of one- and two-bedroom units. SLIB received six written offers from regional and local groups for this property.
The seller was a healthcare-focused REIT, while the buyer is a Michigan-based owner/operator.
Daniel Geraghty, Jason Punzel and Jeff Binder of SLIB handled this transaction on behalf of the seller.
