Sturgis, South Dakota — January 2026 — Evans Senior Investments (ESI), announced today that it successfully represented the current tenant at Dolan Creek Senior Living in facilitating a transition to a new operating partner and renegotiating the purchase option terms with both the incoming operator and the existing landlord.
Dolan Creek Senior Living was developed as an independent living (36 Units) and assisted living (14 units) community located in Sturgis, South Dakota. As part of the engagement, ESI worked closely with all stakeholders to structure a solution that preserved operational continuity, aligned long-term incentives, and repositioned the community for future success.
HOW ESI ADDED Value: ESI unlocked the community’s potential through a comprehensive turnout strategy:
-
Strategic Conversion: Helped transition the struggling independent living model to 100% assisted living to drive occupancy.
-
Operational Upgrade: Sourced and secured a new operating partner.
-
Deal Restructuring: Renegotiated the purchase option to reflect updated market conditions.
For more information about this transaction or to learn about ESI’s ongoing activity in seniors housing and skilled nursing, contact Brendan DeSilvia at bdesilvia@evanssenior.com or at (847) 809-5677.
About Evans Senior Investments
Evans Senior Investments is a leading investment firm specializing in the sale of senior housing and skilled nursing communities across the country. Founded in 2009 by twin brothers Jason and Jeremy Stroiman, ESI aims to provide a more efficient, transparent, and faster selling process through a unique team-based approach to brokerage. ESI’s sellers are represented by the entire firm, with each member an expert in the varying aspects of the transaction process.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
