Foxes Grove, a 105-bed supportive living facility located in Wood River, Illinois, was acquired by the existing tenant, a regional owner-operator. This transaction serves as the successful conclusion of a lease agreement with a purchase option that ESI originally structured for the 13-property portfolio.

How ESI Added Value:

ESI recognized that a traditional immediate sale was not the only path to value for the previous owner. By originally structuring a lease with a purchase option, ESI allowed the operator to navigate labor and inflationary pressures while the landlord secured passive income. This strategic foresight bridged the gap between a turnaround scenario and a successful exit, ultimately securing a high value per bed for the seller.