HFF Closes $16 Million Sale of Two Skilled Nursing Facilities in Georgia

2/23/17

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $16 million sale of Golden Living Center of Jesup and Golden Living Center of Thomaston, two skilled nursing facilities totaling 209 beds in Jesup and Thomaston, Georgia.

HFF marketed the properties on behalf of a private seller.

Golden Living Center of Jesup is located at 1090 West Orange Street in Jesup, which is the approximate midpoint between Savannah, Georgia, and Jacksonville, Florida. The center offers clinical services, including neuro, pulmonary, cardiac, bariatric, hemodialysis and trach. The property was 89 percent occupied at the time of the sale.

Golden Living Center of Thomaston is situated at 310 Avenue F in Thomaston, approximately 45 miles west of Macon and 65 miles south of Atlanta. The facility offers hospice, pain management, respite, bariatric and wound care. The property was 86 percent occupied at the time of the sale.

The HFF seniors housing team representing the seller was led by director Dave Fasano.

About HFF

Holliday Fenoglio Fowler, L.P. (“HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 24 offices and is a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.