JCH Closes Sale of ICF Portfolio in Merced, CA
JCH is pleased to announce the successful sale of an Intermediate Care Facility (ICF) portfolio with four locations in Merced, CA. The portfolio ultimately sold for $2,110,000.
The sellers who were second generation operators engaged JCH to help them find a qualified buyer. JCH initiated a very targeted approach when marketing the portfolio ultimately identifying an experienced independent owner/operator that was looking to expand his presence in the Merced area.
Throughout the transaction process JCH remained actively involved with both the buyer and seller assisting with contract negotiations, and due diligence. JCH also introduced the buyer to multiple healthcare lenders, advising them in the ultimate selection of a regional lender offering very attractive terms.
By working closely with all parties involved JCH coordinated an efficient and smooth closing despite the challenges the pandemic presented. Cindy Hazzard and Jennifer Contreras handled the transaction process.
About JCH Consulting Group
JCH is a full-service real estate brokerage firm with the singular focus on the long-term care industry. JCH brokers the complete spectrum of Senior Care facilities, including Skilled Nursing, Assisted Living, Memory Care, CCRC and Independent Living, as well as Adult Residential Facilities, Hospice and Adult Day Care Facilities. For more information, contact Cindy Hazzard at 714-463-1672 firstname.lastname@example.org or Jennifer Contreras at 714-563-4253 email@example.com