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112 Bed Missouri SNF
Needing to divest a smaller market SNF, a regional operator chose MIG. A discreet approach yielded a quick sale.
Overview
A regional owner / operator was looking to divest their 112 bed SNF in a smaller MO market that was an outlier for their portfolio. The owner engaged with Montgomery Intermediary Group (MIG) to quietly and quickly bring a buyer to the table that could take the community off their hands.
Results
MIG was able to successfully bring a buyer to the table that stepped into the deal as manager while simultaneously working towards what ended up being another successful closing. This allowed the seller to focus on their assets better suited to their footprint while working with the buyer to get the deal seen through.
Conclusion
MIG was once again able to capitalize on its rolodex of Missouri long-term care buyers to best serve our client's needs. Not only did MIG get the deal sold, but we allowed the seller to take a step back from an outlier asset that took time and attention away from the client's other assets.
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