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Kiser Group Closes Mamaroneck SNF Sale in Challenging Finance Environment
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Kiser Group Closes Mamaroneck SNF Sale in Challenging Finance Environment
Kiser Group partner Mark Myers facilitated the sale of the Sarah Neuman Skilled Nursing Facility (SNF) in Mamaroneck, NY, for $76 million on behalf of a religious nonprofit organization. The 250-bed facility was acquired after a complex, multi-buyer negotiation process in a challenging financing environment, according to Kiser Group. The property was initially under contract for $84 million. However, rising interest rates caused the first buyer …
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