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January 6, 2025
Sale of the Villages of Lapeer in Michigan
ESI sold the Villages of Lapeer, a skilled nursing facility located in Lapeer, Michigan, approximately 50 miles northwest of Detroit. ESI served as the exclusive sell-side advisor for an independent owner-operator seeking to transition out of the skilled nursing industry.
Like many skilled nursing facilities, the Villages of Lapeer faced operational and compliance challenges during the COVID-19 pandemic, impacting census and overall performance.
Recognizing the seller's need to exit, ESI expedited the process by bringing in a regional ownership group active in Michigan, who executed the deal within 4 months from start to finish.
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