ESI is pleased to announce the successful lease execution and re-tenanting of Project Razorback, a premier two-facility skilled nursing portfolio totaling 255 licensed beds in Arkansas.
Arkansas – July 2026 – Evans Senior Investments (ESI) is pleased to announce the successful lease execution and re-tenanting of Project Razorback, a premier two-facility skilled nursing portfolio totaling 255 licensed beds in Arkansas. ESI represented the regional landlord to seamlessly replace the prior operator, securing an exceptional year one annual rent of $3,000,000, or $980 per bed per month.
How ESI Added Value to the Client
Through an aggressive and highly compressed two-week marketing process, ESI leveraged its proprietary buyer network to generate intense competition, ultimately securing 22 competitive offers from qualified groups. ESI analyzed the portfolio’s historical financials to uncover over $800,000 in hidden annual expense savings through ancillary and pharmacy optimization, proving the true profit potential to prospective tenants. This strategic positioning and competitive leverage allowed the client to increase annual rent by over 150%, far exceeding initial market expectations.
The landlord’s legal counsel for the transaction was led by Matthew Jassak of Foley & Lardner LLP, who provided expert representation to ensure a seamless and efficient closing process.
About Evans Senior Investments
Evans Senior Investments is the country’s leading brokerage firm specializing in the sale and leasing of senior housing and skilled nursing communities nationwide. Founded in 2009 by twin brothers Jason and Jeremy Stroiman, ESI utilizes a unique team-based brokerage approach to provide a faster, more transparent, and highly efficient process for independent and institutional owners alike. ESI’s clients are represented by the entire firm, with each member an expert in the varying aspects of the transaction process.
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