Healthcare Transactions Group Arranges Sale of Maryland Assisted Living Facility

Healthcare Transactions Group, Inc. is pleased to announce the successful sale of Homestead Manor Assisted Living, a 61-unit assisted living facility, licensed for 85 beds, in Denton, Maryland.  The transaction closed on November 1, 2016.

Healthcare Transactions Group initiated the transaction and served as Mergers & Acquisitions Advisor for the Seller, a nonprofit organization affiliated with the Chesapeake District of The Wesleyan Church.  Terms and other details of the transaction are confidential.

Healthcare Transactions Group conducted a national search of prospective buyers and a competitive selection process.  The buyer was a Maryland-based regional operator of assisted living facilities.

Since 1996, Reisterstown, Maryland-based Healthcare Transactions Group has been a recognized leader in healthcare mergers & acquisitions, having closed $2 billion in transactions in 34 states.   Healthcare Transactions Group is also the leading intermediary for the sale of long-term care facilities in Maryland.

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