STREAM Executes $17 Million Sale Leaseback of Leading LTACH and CBRF in Wisconsin
CHICAGO, IL – July 16, 2019 – STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, recently represented the seller in the $17,000,000 sale and leaseback of Lakeview Specialty Hospital & Rehab and Lakeview Care Partners.
As the only independently owned long-term acute care hospital (LTACH) in Wisconsin with expertise in medically complex care, neurobehavioral health, rehabilitation, and community supportive living, Lakeview Specialty Hospital & Rehab and Lakeview Care Partners have delivered therapy to more than 10,000 patients over the past 25 years. Christopher Slover, the CEO of Lakeview Management, Inc. has been at the forefront of traumatic brain rehabilitation for the past 15 years.
Daniel Macks of STREAM Capital Partners led the transaction and said, “The sale was beneficial on all ends. The seller plans to reinvest the proceeds back into his fast-growing business, while the buyer is able to expand its healthcare footprint.”
Please contact brokers Daniel Macks and Jonathan Wolfe for further details on this transaction.
Lakeview Specialty Hospital & Rehab is a Joint Commission Accredited and licensed long-term acute care hospital (LTACH) that has delivered 25 years of innovative programs and extensive services with expertise in medically complex care, neurobehavioral health, rehabilitation, and community supportive living. Lakeview Care Partners operates Community Based Residential Facilities (CBRFs), providing a continuum of care, clinical treatment, and behavior management services to adults with Traumatic Brain Injury, alcohol/drug issues, developmental disability, and other disabilities.
With superior proficiency in brain injury rehabilitation and complex respiratory care, Lakeview is able to help its patients and residents with difficult medical conditions and disabilities reach their highest level of healing and functional independence possible. Located on more than 80 acres in a rural community outside of Milwaukee in Waterford, Wisconsin, Lakeview’s peaceful grounds, coupled with tenured, talented and caring staff, lend to the healing and recovery process.