a product by 3G Healthcare Real EstateExclusively SNF sell-side advisors
3G Healthcare Real Estate
SNFRadarMarket intelligence, free

Deal alert · Alabama · October 2026

Quietly sold.

3G Healthcare Real Estate closes the confidential sale of a family-held Alabama skilled nursing facility for $17 million, $3 million above the offer the family already held, without ever taking it to the open market.

$17MAll-cash sale price
$3MAbove the offer the family already held
Full priceHeld from signed LOI to closing
Challenge

A family-held Alabama skilled nursing facility had just passed to the next generation. The new owner wanted the highest price the building could bring, but on his terms: no public listing, and a short list of serious buyers who could close.

The building was leased to its operator through mid-2027, and the operator held a right of first refusal. The family already had a $14 million offer in hand and an older bank appraisal near $9 million. Any sale had to clear the right of first refusal, buy out the lease, and move operations to a new operator on the same day the real estate closed.

Result

The sale closed in 2026 at $17 million, all cash, $3 million above the offer the family held before 3G was engaged and nearly twice the building's last bank appraisal. The price held from signed LOI to closing, with no re-trade.

The buyer, a well-capitalized multi-state owner with an experienced operating partner, took over operations the day it closed. The buyer paid 3G's fee, so the seller paid no brokerage commission.

Action
  1. Ran a confidential, invitation-only process with a handful of qualified buyers under NDA, never a public listing.
  2. Put a $17 million offer in front of the seller, who accepted it within days.
  3. Presented the operator with a bona fide $17 million offer under its right of first refusal and secured a written waiver and a negotiated lease buyout.
  4. Brought in experienced healthcare transaction counsel for the seller and quarterbacked three law firms through the purchase agreement, lease termination and operations transfer.
Value$17 million all-cash sale, $3 million above the family's existing offer.
SuccessClosed at the full LOI price with no re-trade and no public listing.
ExpertiseConfidential buyer selection, right-of-first-refusal and lease-buyout strategy, and multi-counsel closing management.

See your own building on SNFRadar, free.

Occupancy, cost reports, staffing, Medicaid rates and the market around you, building by building.

snfradar.com/AEyg9r
Stan Klos III
Stan Klos IIIFounder317.982.5106[email protected]
Christian Patrick
Christian PatrickPresident317.493.7767[email protected]

Skilled nursing only · Sell-side advisors since 2014 · $550M+ skilled nursing assets represented last year. A call with either of us is confidential and costs the seller nothing.

3G Healthcare Real Estate · Exclusively SNF Sell-Side Advisors · SNFRadar Intelligence
Download the one-page PDF All recent closings