SOLD: 1807 Jamestown Road, Williamsburg, VA

Situation Overview

Keen-Summit Capital Partners LLC  has been engaged by New Dawn Assisted Living Company, LLC, as its exclusive real estate advisor for the sale of two new assisted living facilities in Virginia.

The Williamsburg Virginia property is a newly constructed assisted living facility with specific features for memory care patients who suffer from, among other things, Alzheimer’s disease and dementia.  The property consists of three, one-story, load-bearing Class D structures, with each structure containing 16 units for a total of 48 units at each property.

The sale of these properties are subject to approval by the Bankruptcy Court.