Senior Living Investment Brokerage arranges the $50.8 million sale of a six-property CCRC portfolio in Pennsylvania to Concordia Lutheran Services.
Senior Living Investment Brokerage (SLIB) has facilitated the $50.8 million sale of a portfolio consisting of six continuing care retirement communities (CCRCs) in southern central Pennsylvania. The seller, SpiriTrust Lutheran, offloaded the assets to the buyer, Concordia Lutheran Services. As of summer 2025, the communities, which were developed between 1959 and 2007, maintained an 81.9 percent occupancy rate.
The portfolio provides a total of 1,058 units and beds, specifically comprising 553 independent living units, 261 personal care units, and 244 skilled nursing beds. The transaction was handled by Toby Siefert and Dave Balow of SLIB.
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