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Mt. Vernon Nursing & Rehab Center SOLD for $13 million

Avison Young Arranges $13M Family-Owned Nursing Facility

Avison Young, headquartered in Toronto, arranged the sale of the Mt. Vernon Nursing & Rehab Center in Alexandria, Va.

The 45,654-square-foot, 130-licensed-bed facility was purchased by a publicly traded real estate investment trust (REIT) for $13 million. The REIT will lease the facility to a regional operator with which the REIT has an existing relationship.

Avison Young’s Jim Kornick and Dan Baker represented the seller, a family owner/operator exiting the skilled nursing industry.

Mary Wadland

Mary Wadland is the Publisher and Editor in Chief of The Zebra Press, founded by her in 2010. Originally from Delray Beach, Florida, Mary is a Phi Beta Kappa graduate of Hollins College in Roanoke, VA and has lived and worked in the Alexandria publishing community since 1987.

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