Continuum Advisors Arranges Sale of The Village at Augsburg in Baltimore
January 2024
Continuum Advisors arranged the sale of The Village at Augsburg, a 313-unit/bed continuing care retirement community located in Baltimore, Maryland. The campus is comprised of 131 independent living apartments, 51 assisted living units, and 131 licensed skilled nursing beds situated on approximately 50 acres. Prior to COVID-19, the campus operated at mid-90s occupancy including over 95% occupancy in IL and SNF.
Jay Jordan and Dave Kliewer of Continuum Advisors represented Maryland-based National Lutheran Corporation in the sale of Augsburg to New Jersey-based Outcome Healthcare.
“National Lutheran affiliated with The Village at Augsburg prior to COVID-19 and put forward significant investment into the campus totaling over $4.5 million having paved a great foundation for the new owner to further build upon.”
Jay Jordan, Co-Founder of Continuum Advisors