Rose Linn Assisted Living Center located in Wes Linn Oregon
172 bed assisted living facility with nursing and memory care.
Mark created a limited liability company and secured the Rose Linn Center in 2012 for a purchase price of $11,500,000 with 3 investor partners using cash contributions and high leverage private financing. After significant remodel and a new business plan the professionally managed facility was appraised two years later for over $18MM and refinanced on a nonrecourse HUD 35 year term loan with all capital returned to the partners. The facility is anticipated to provide high dividends to the partners for years to come.