Senior Housing Consultants (SHC) is pleased to announce the successful sale of a 38-unit assisted living community located in a smaller town in Minnesota. Originally acquired in 2022 by a group of investors, the property was asset managed by SHC until its sale in late September 2025 to a growing investor focused on expanding their assisted living portfolio.
Over the past three years, SHC implemented strategic initiatives that significantly enhanced the community’s performance. These efforts included increasing occupancy, improving operating efficiencies, and completing key capital improvements—both life safety-related and cosmetic. As a result, the investment became a strong cash-flowing asset, delivering an above industry standard percentage return to the sellers within a relatively short period.
“This was a great project to work on over the past 2 ½ years,” said Jared Gevock, Vice President of Asset Protection at SHC. “The improvements we were able to make for the benefit of the residents and staff were significant. This property is located in a smaller town in Minnesota, and successfully integrating the community into the local fabric was a key driver of its occupancy success.”
Jared Gevock
Vice President of Asset Protection
jgevock@seniorhousingconsultants.com
(563) 599-9483
For more information about Senior Housing Consultants’ services, contact us:
Senior Housing Consultants
130 W Main St,
Solon, IA 52333
319-321-0880
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