Fresno ARF Legacy Continues as Experienced Buyer Takes Helm in $1.09M Deal

Sherman & Roylance is proud to announce the successful sale of two Level-3 Adult Residential Facilities (ARFs) in Fresno County, California. This transaction marks the passing of the torch from a well-regarded, long-time owner-operator to a seasoned buyer eager to expand their portfolio and build upon the established legacy of care.

The two ARFs, each vendored for six residents, have been operating since 2003 under the careful stewardship of the original owner. Renowned for their commitment to exceptional care, the facilities have consistently enjoyed 100% occupancy.

Sherman & Roylance played a pivotal role in facilitating this smooth transition. Their deep understanding of the ARF market allowed them to identify a suitable buyer who shared the seller's values. Through meticulous negotiations, Sherman & Roylance ensured a seamless handover process, with all residents and staff remaining on board to maintain continuity of care.

"We are delighted to have found a perfect match for both parties," stated Michael Belcher, Senior Housing Specialist at Sherman & Roylance. "The seller can step back with peace of mind, knowing their legacy is in good hands, while the buyer gains a foothold in Fresno County with these well-regarded ARFs. This transaction exemplifies our commitment to ensuring continuity of care and a smooth transition for all stakeholders."

Sherman & Roylance is a leading boutique commercial real estate firm specializing in the senior healthcare sector. With a deep understanding of the ARF market and extensive market connections, they provide comprehensive transaction advisory services to both buyers and sellers of ARFs throughout California.

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