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WisconsinSeniors Housing

SLIB sells eight-property seniors housing portfolio in Milwaukee market

June 16, 2022
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SLIB closed the sale of an eight-property seniors housing portfolio in and around Milwaukee, Wisconsin.

The eight communities had a combined total of 449 units/beds. The portfolio occupancy ranged from 65% to 95% with a portfolio average of 84%.

The seller was a private owner that acquired the communities as value-add deals. The buyer was an experienced assisted living company with an existing portfolio in the Southeast.

Jason Punzel, Ryan Saul and Bradley Clousing of SLIB handled the transaction.

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