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Summary
This opportunity included a 44-licensed-bed assisted living facility in an attractive, rural South Carolina market.
Sherman & Roylance ran a targeted campaign emphasizing the facility's potential for a prospective investor, focusing on the facility's solid historical revenue base and management-level efficiencies.
Sherman & Roylance managed all of the marketing aspects to ensure that the property was depicted in a genuine manner that targets the right clientele. We took all necessary steps to market it to a local and national audience of genuine buyers while maintaining complete confidentiality.
The ultimate bidder was chosen as a private owner/operator who offered the greatest combination of the acquisition price, terms, and execution probability. Communication with the owner was easy, clear, and frequent as Jack made visitations to the property to ensure a smooth transaction.
Jack Osteen assisted the attorneys through a simple escrow process and helped them to receive their client's settlement. Based on the owner's response, Jack Osteen was a key player in closing the deal.
Jack Osteen provided a local touch to this opportunity, ensuring that the buyer and seller felt comfortable during every step.
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