The Florida-based owner-operator hired ESI to divest these non-core assets from its portfolio. Built in 1967 and 1979, the two skilled nursing facilities are located less than 30 miles from each other and encompass 220 total skilled nursing beds. At the time of securing the buyer, both communities were losing money, and ESI highlighted the upcoming Medicaid rate increases for both communities. 

“This transaction was a strategic move for our organization, and ESI delivered exceptional results. They understood the market dynamics, highlighted the upside for future operators, and ultimately achieved a price well above what we anticipated for non-performing assets.” - Andy Weisman, owner of NuVision Management.