JLM Financial Investments Completes Acquisition of Ten Facility Senior Housing Portfolio

Share Article

Portfolio consists of 1,553 beds in the state of Illinois

JLM Financial Investments today announced that it is has completed the acquisition of a portfolio of ten nursing facilities in the state of Illinois from Granite Investment Group.

The portfolio consists of both skilled nursing and intermediate care facilities with a combined total of 1,553 beds. The portfolio was 90.1% occupied at the time of sale.

Larry Meyer, JLM’s managing partner said, “Using this transaction as a platform, JLM Financial Investments looks to continue their investment in the senior housing sector in both real estate and operations.”

Founded two decades ago, JLM Financial Investments, LLC is a private equity firm that specializes in the acquisition, management, and value enhancement of commercial real estate secured assets, corporate aircraft loans, and senior housing.
For more information, go to http://www.jlmfinancialinvestments.com

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jeff Ezell
Visit website

Media