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

Mary Wadland March 5, 2018

0 Less than a minute

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.

Support Good News Journalism, Subscribe >>

Post Views: 2,651

Mary Wadland

Mary Wadland is the Publisher and Editor in Chief of The Zebra Press, the award-winning Alexandria news publication she founded in 2010 with a mission of celebrating community, culture, and all the good news happening across the city. A longtime community advocate and storyteller, Mary was selected for the Alexandria Chamber of Commerce inaugural 40 Under 40 class and has served as President of Living Legends of Alexandria since 2022. Known for her deep local roots, sharp editorial instincts, and passion for connecting people through journalism, she has spent decades chronicling the personalities, businesses, events, and civic life that make Alexandria unique. Originally from Delray Beach, Florida, Mary is a Phi Beta Kappa graduate of Hollins College in Roanoke, Virginia, and has been part of Alexandria’s publishing and media community since 1987.