The asset was sold for a record-breaking price of $20,000,000, or $156,250 per bed. At the time of the transaction, the facility was 61% occupancy and operated by a regional owner-operator looking to recycle capital.
ESI added tremendous value to the client by navigating a complex regulatory landscape and identifying a buyer capable of unlocking the facility's full potential. The ESI team identified a clear path to achieve over $250,000 in annual savings on rehabilitation expenses and $87,000 in pharmacy savings.
By leveraging its proprietary network of regional and institutional buyers, ESI drove a competitive bidding process that successfully secured a record price based on the facility’s future stabilized potential rather than its current performance. This transaction underscores ESI's ability to showcase operational upside to the right buyer groups, ensuring a successful exit for the seller.
The buyer was a publicly traded REIT that partnered with a regional operator to leverage local market expertise and enhance operational performance. The transaction closed efficiently within 81 days of signing the LOI, reflecting strong alignment among all parties and a streamlined diligence and execution process.

