SLIB Brokers Sale of 38-Unit Seniors Housing Property in Portland, Oregon
PORTLAND, ORE. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Cornerstone Care Option, a 38-unit, 56-bed skilled nursing facility in Portland.The community was originally built in 1955 on 7.3 acres, with renovations in 2006. The 98,700-square-foot asset was 98 percent occupied.The seller was a local owner-operator looking to retire from seniors housing. A regional group based in the West acquired the property for an undisclosed price.Jason Punzel, Brad …