ESI Arranges Sale of Ohio Skilled Nursing Facility
Norwalk, Ohio – Evans Senior Investments (ESI) in partnership with Brady Ware Capital successfully represented the sale of Gaymont Nursing Center in Norwalk, Ohio. Terms of the transaction were not disclosed.
Led by Bill and Erin Dotson, Gaymont’s full community campus includes the skilled nursing building, seven residential apartment buildings (21 units), and an adult day care facility that is open to the public. The skilled nursing facility operates with 110 functional beds and is licensed for 112 skilled nursing beds.
ESI represented the sellers, who were an independent owner-operator with Gaymont being their only community. Jason Stroiman, President and Founder of ESI, commented “Gaymont is well-positioned near regional hospitals and faces limited competition. This sale presented a great opportunity for a new ownership group with operational expertise and synergies in the skilled nursing market to improve occupancy and enhance operational efficiencies. ”
The buyer was a regional owner-operator group with the majority of their facilities located in the state of Ohio.
About Evans Senior Investments
Evans Senior Investments (ESI) is a real estate brokerage firm with offices in Chicago, IL and Boulder, CO focused on providing solutions that empower business owners in the long-term care asset class. Our services include market analysis and seller representation. With 12+ years in the industry, ESI has valued over $15 billion in assets and sold more than
$2 billion of long term care facilities through our Buyer Preference Program that confidentially matches buyers to acquisition opportunities.
About Brady Ware Capital, LLC
Brady Ware Capital assists buyers and sellers in navigating the complexities of M&A transactions. With over 100 years of combined experience, BWC has a wide range of capabilities and expertise including sell-side Merger and Acquisition/business brokerage services, buy-side strategy and execution, and capital raising.
President and Founder
Evans Senior Investments