Re/Max Executive Realty brokers $5.7 million sale

John DeMarco and Gary Smith, brokers at Re/Max Executive Realty sold Midtown Manor, a 105-bed assisted living facility. Midtown Manor sold for $5.7million. At the time of closing, Midtown Manor Assisted Living Facility was 97% occupied. This property was listed and sold by DeMarco and Smith of the Smith DeMarco Group. Experts in health care sales and acquisitions, DeMarco and Smith have a long history of successful sales, and have sold over $50 million dollars' worth of commercial property. This award winning Re/Max Team have been top producers for many years in the South Florida Real Estate market. Some of John DeMarco and Gary Smith's previous health care sales include; Living Legends Assisted Living Facility, Willow Bay Assisted Living, The Starting Place, Blue Ribbon Care Home, Polk Street Palms, Aging Care Services, Aging Paradise Home Health Agency, Vanregina Home Health Agency, and Demosthenes Home Health Agency to name a few. The Smith-DeMarco specializes in selling Assisted Living Facilities, Nursing Homes, Skilled Nursing Centers, HHA's, Respite Center's, and general income producing Commercial properties. John DeMarco, a former owner of both Home Assisted Living Facilities and Home Health Agencies and current licensed Assisted Living Facility Administrator and licensed Home Health Care Administrator, understands the intricacies of selling Assisted Living Facilities and HHA's. "The fact that I have been through the change of ownership process with AHCA from an owners standpoint, gives me a major advantage over any other broker attempting to facility a sale. I have personally owned and operated both of these types of businesses myself. This knowledge allows me to truly understand the product I am marketing to investors." With direct knowledge of the processes, John DeMarco can anticipate from start to finish, what is needed to successfully close a Health Care transaction while maximizing resale values. As a state certified commercial real estate appraiser, Gary Smith brings the asset values of the property into perspective. Both John DeMarco and Gary Smith have excellent, long term relationships with local banks, which can assist buyers with financing options when government financing may not be available. Experts in selling all investment commercial properties, any Owner considering selling their asset should call The Smith-DeMarco Group.