LFI Real Estate Purchases Property At 109 Methodist Wy DeSoto From Sellers Charles Bissell Evan Kovac

The transaction involved the sale of the Methodist Transitional Care Center, a long-term care facility located at 109 Methodist Way, DeSoto, TX, 75115. The property features 100 beds and has 66 units. It was constructed in 2020 and is situated in the Desoto market.

Summary of transaction details:

• Property Type: Long-term care facility
• Transaction Amount: Undisclosed
• Address: 109 Methodist Wy, DeSoto, TX, 75115
• Market: Desoto
• Seller's Representative: Charles Bissell, Evan Kovac - JLL
• Buyer: LFI Real Estate
• Seller: Madison Marquette

Charles Bissell and Evan Kovac of JLL represented the seller and developer Madison Marquette in this transaction. The buyer, LFI Real Estate, is based in Illinois and acquired the asset as part of their investment portfolio.