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TN Assisted Living with Acreage
MIG facilitated the sale of a TN assisted living community with acreage to a regional buyer.
Overview
Montgomery Intermediary Group (MIG) facilitated the sale of an assisted living community in Tennessee that included substantial additional acreage, presenting a compelling value-add opportunity for the right buyer. The out-of-state seller, for whom the community represented a smaller, non-core asset, was looking to divest the property and had initially engaged another broker to run the process. After encountering challenges bringing the transaction to a close, the seller turned to MIG to step in and complete the assignment.
Results
MIG identified a regional buyer located within a couple of hours of the asset who recognized the upside in both the operating community and the additional acreage. The buyer's proximity and familiarity with the local market positioned them to unlock value the prior process had been unable to capture. MIG worked closely with both parties to navigate the transaction to a successful close after the initial listing efforts had stalled.
Conclusion
This closing reflects MIG's ability to step into stalled processes and deliver results where others have struggled. By understanding both the seller's objectives and the value-add potential of the asset, MIG was able to source the right buyer and bring the transaction across the finish line — reinforcing the firm's commitment to creative problem-solving and execution certainty on behalf of its clients.
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