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Missouri SNF/RCF
MIG sold a 100+ bed SNF/RCF west of St. Louis to a new buyer-landlord group with a strong MO operator.
Overview
MIG is pleased to announce the successful sale of a skilled nursing and residential care facility (SNF/RCF) with over 100 beds, located roughly an hour outside of St. Louis, Missouri. We were engaged by a non-profit ownership group to conduct a targeted marketing process for the community.
Results
Despite some regulatory and reimbursement complexities—including adjustments to Medicaid rates—we successfully navigated the deal to closing. The buyer was a landlord-focused group that acquires properties and leases them to skilled nursing operators. In this case, they brought in one of their existing tenant partners with a strong operational presence in Missouri. This marks the first transaction MIG has completed with this particular buyer, and we anticipate further opportunities to collaborate following this successful closing.
Conclusion
We’re grateful to our client for their trust and to all parties involved for their efforts throughout the transaction. This closing highlights MIG’s ability to manage complex regulatory dynamics while aligning the right parties for long-term operational success in Missouri’s SNF market.
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