Founder's Crest Memory Care

A larger AL/MC sold. MIG’s local ties secured multiple interested buyers.

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Founder's Crest Memory Care
Date
Oct 2023
State
Kansas
Agent
Andrew Montgomery
Acuity
AL/MC

Overview

A local Kansas owner / operator with smaller sized communities in the area had built one community larger than their typical model. After some years, the owner decided he'd rather stick to what they are used to and hired MIG to divest of this larger AL/MC community of theirs.

Results

MIG was able to bring a couple of very interested buyers to the table. One was based in TX but had communities across KS while the other was local to Kansas and was looking to make moves growing in the area.

Conclusion

While this asset was larger than normal for the seller, it was still a smaller 24-unit community. MIG's local expertise with owners / operators across KS was vital to getting another deal sold in the state.

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