Heavenrich & Company Anounces Sale Of Nebraska Assisted Living Community


Chicago, IL, June 12, 2018 – Heavenrich & Company announced the sale of Crossroads Assisted Living Community in Alliance, Nebraska. The 31-unit/40-bed community was purpose built in 1999 and had a 94% occupancy at the time of the sale. Crossroads sold to an undisclosed regional operator for $2,475,000. The community has a long term, on-site administrator with strong community ties. Brian Clark, Senior Director at Heavenrich & Company’s Denver office, managed the transaction on behalf of the seller.  

Based in Chicago and formed in 1994, Heavenrich & Company is a dedicated boutique senior housing investment brokerage firm. The firm advises public and privately-held independent living, assisted living, memory care and skilled nursing organizations in mergers and acquisitions. In addition to brokering existing facilities, Heavenrich & Company provides acquisition and construction capital for senior housing operators.  

For more information, contact:

Adam Heavenrich, Managing Director
Heavenrich & Company, Inc.
203 N. LaSalle Street, Suite 2100, Chicago, IL 60601
phone: 312.558.1590  
email: adam@heavenrich.com  or brian@heavenrich.com
 website: www.heavenrich.com

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