The CCRC offers a diversified unit mix, including 100 licensed skilled nursing beds, 47 personal care units, and 2 independent living units. At the time of marketing, the community was struggling with occupancy, reaching only 77% in skilled nursing and 47% in personal care beds. 

Financial pressures ultimately led the owner to default on its bond debt, which triggered a Section 363 bankruptcy process. ESI was brought in by the seller to guide them through this complex process.

ESI conducted a competitive marketing process, drawing on its expertise in the senior housing and skilled nursing markets. By targeting groups of qualified buyers, ESI was able to maximize the value of The Patriot, securing a stalking horse and multiple rounds of competitive bidding at a court auction. In partnership with the legal team at Duane Morris LLP, ESI effectively navigated the bankruptcy proceedings, maximizing value and minimizing the closing time frame.