Jason Levine Acquires Nursing Home From Azure Healthcare For $20.1 Million In Massachusetts

The asset involved in this transaction is a nursing home located at 6 Morrill Place, 266 Lincoln Avenue & 63 Locust Street, situated in the markets of Amesbury, Saugus & Danvers, MA. The transaction was completed for a sale price of $20,100,000, encompassing a total square footage of 250,000, which equates to a price per square foot of $80.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $20,100,000
• Address: 6 Morrill Place, 266 Lincoln Avenue & 63 Locust Street
• Market: Amesbury, Saugus & Danvers, MA
• Square Footage: 250,000
• Price per Square Foot: $80
• Buyer: Jason Levine
• Seller: Azure Healthcare
• Brokers: Joe Schiff & Jeffrey Vegh - Forest Healthcare Properties

This transaction involved Jason Levine as the buyer, acquiring the property from Azure Healthcare. The brokers facilitating this transaction were Joe Schiff and Jeffrey Vegh, representing Forest Healthcare Properties throughout the closing of the deal.