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Orange County Skilled Nursing Leasehold transaction closed in Less than 30 day
Roylance represented both Buyer and Seller in the disposition and acquisition of the Facility in this transaction. There were multiple full price offers on Park West as competition and demand intensifies in the Skilled Nursing sector. It was the winning bidder’s vast experience in skilled nursing operations and its strong ties to the Orange County Community, which helped them, become the winner bidder. The buyer intends to significantly upgrade the facility and improve staffing efficiencies. Purchasing advantages resulting from the addition of the Park West Care & Rehabilitation Center to the existing large operating platform of the buyer will support the expected rehabilitation.
The speed with which this transaction closed and the price that Roylance was able to achieve for t he seller are indicative of the continued demand in the Skilled Nursing Market. In his capacity as Senior Vice President of JCH, Roylance specializes in the acquisition and disposition of skilled nursing facilities and healthcare facilities across the entire spectrum of the senior housing market. For more than a decade Roylance’s main goal has continued to be the improvement of the quality of care of our nation’s senior population, providing world-class nursing home brokerage and assisted living brokerage services to both buyers and sellers of long term care facilities.
JCH Consulting Group, Inc.