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130 Bed St. Louis SNF
Retiring owner sells after 20 years. MIG's local ties deliver a competitive offer, closing smoothly.
Overview
An administrator / owner of 20 plus years was ready to retire and engaged with Montgomery Intermediary Group (MIG) after previously having no success listing their nursing home with another brokerage. The nursing home was cash flowing well even with a lower Medicaid rate because of how hands on the owner was and efficiently she ran the community.
Results
MIG was able to bring in a competitive offer from a Missouri owner / operator with communities across the state. While there were some obstacles along the way, MIG was involved from start to finish and successfully got the deal across the finish line.
Conclusion
MIG was able to capitalize on their strong local Missouri relationships to bring in a competitive offer and get the deal done while other brokerages could not. After 20 plus years of hard work and consistent service, the owner / administrator was finally able to retire!
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