Senior living organizations that are struggling with occupancy often do a great job showing prospects around the community, but then fail to take the crucial last step: asking for the sale. That’s according to Linda Bennett, vice president of operations for Oaks Senior Living, a family-owned company with six communities in the Atlanta area. A […]
Oaks Senior Living
Ide Management Group Sells Portfolio for $63 Million Ide Management Group has sold its portfolio of 19 communities located in Indiana and Iowa to a Midwest owner/operator for $63 million. The total portfolio included 1159 skilled nursing beds. Overall occupancy is 80% with approximately 12% Medicare and 10% private pay. A couple of the communities […]
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