The purchase price was $22,375,000 or $91,326 per bed. ESI acted as the exclusive sell-side advisor to an independent owner/operator seeking to fully exit the long-term care industry. The portfolio was acquired by a new entrant to the skilled nursing sector, who will partner with a new regional operator to assume day-to-day operations.

The transaction reflects continued investor interest in regional Pennsylvania skilled nursing assets and demonstrates ESI’s expertise in delivering successful outcomes for independent owner/operators navigating ownership transitions.