McLarney Manor Nursing Home

A larger operator needed a quick sale of a rural asset. In under two months, MIG closed via lease-purchase.

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McLarney Manor Nursing Home
Date
Mar 2024
State
Missouri
Agent
Andrew Montgomery
Acuity
SNF

Overview

In mid-January of 2024 a larger owner / operator in MO reached out to MIG about divesting one of their smaller more rural MO assets. While the seller was and still is active acquiring SNFs, they felt the smaller rural asset made sense to unload. The owner was looking to make a deal quick and knew MIG knows the MO SNF market inside and out.

Results

In less than 2 months from first connecting on the deal, MIG successfully brought a buyer to the table and got a deal closed via a lease to purchase agreement.

Conclusion

The seller, who's bought and sold dozens of SNFs across the country, said they have never had a broker complete a deal faster from start to finish.

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