ESI arranged a new lease for a 96-licensed-bed skilled nursing facility in New Harmony, Indiana
New Harmony, Indiana – July 2026: Evans Senior Investments (ESI) has arranged a new lease for a 96-licensed-bed skilled nursing facility in New Harmony, Indiana. ESI represented the owner in transitioning the property from a long-term tenant that exited Indiana, while successfully bringing a new healthcare operator into the state to ensure the community’s continued access to quality skilled nursing care. The new lease commenced in July 2026.
How ESI Added Value to the Client:
ESI’s marketing highlighted New Harmony’s substantial upside for an incoming operator. The facility’s occupancy stood at 43%, well below the 64% average across comparable skilled nursing facilities within a 15-mile radius, presenting a clear census recovery opportunity. ESI identified a path to improve the facility’s Upper Payment Limit split from 70/30 to 80/20, a projected increase of over $360,000 in annual supplemental income. Additional savings of over $100,000 annually were identified in rehab, pharmacy, and administrative staffing costs through renegotiated vendor contracts and operational discipline.
To find out what your senior living property or skilled nursing portfolio could achieve with the right strategy, contact Brendan DeSilvia at bdesilvia@evanssenior.com or 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.
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