SLIB closed the sale of a GentleCare of Vincennes, a seniors housing community in Vincennes, Indiana.
The facility consists of 60 licensed/52 functional-skilled nursing beds.
The seller was a private owner looked to retire. The buyer, The Strategies, is an Indiana-based owner/operator with other communities in the state.
SLIB generated mulitple offers through its confidential marketing process. Ryan Saul of SLIB handled the transaction.