Michigan – July 2026: Evans Senior Investments (ESI) has completed the sale of a three-facility, 347-functional-bed skilled nursing portfolio in Michigan. ESI represented the seller, an institutional owner exiting the state. Welltower acquired the portfolio and partnered with an operator making their first entry into the state.
How ESI Added Value to the Client:
ESI’s marketing highlighted the portfolio’s day-one reimbursement upside, including an estimated $990,000 in additional annual revenue available through Medicaid, Medicare Part A, and Medicare Part B rate optimization. The marketing also emphasized the opportunity for a regionally focused operator to build stronger hospital referral relationships and managed care contracts, as two of the three facilities were underperforming in referral capture under the prior operator’s limited Michigan footprint. The three-facility scale of the portfolio, together with its proximity to several major hospital systems in southeastern Michigan, generated strong interest from institutional buyers.
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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