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Gaymont sold for $7.3 million

Zoe Greszler • Nov 14, 2018 at 7:00 PM

Evans Senior Investments (ESI) successfully represented the sale of Gaymont Nursing Center in Norwalk for $7,300,000.

ESI represented the sellers, who were an independent owner-operator with Gaymont being their only community.

Gaymont and all of its associated facilities include the skilled nursing center, seven residential apartment buildings (21 units) and an adult day care facility that is open to the public. The nursing home operates with 110 functional beds and is licensed for 112 skilled nursing beds.

“Gaymont is well-positioned near regional hospitals and faces limited competition,” said Jason Stroiman, president and founder of ESI. “This sale presented a great opportunity for a new ownership group with operational expertise and synergies in the skilled nursing market to improve occupancy and enhance operational efficiencies. ”

The buyer was a regional owner-operator group with the majority of their facilities located in Ohio.

Gaymont marketing director Chris Castle declined to comment.

As of Nov. 1, the nursing home transferred ownership to Eli Gunzburg, manager of the recently formed Gaymont Leasing, LLC. Gunzburg also owns Providence Healthcare Management, a Pepper Pike-based company that provides consulting and office support services for healthcare companies.

A mainstay of Norwalk’s business community, Gaymont was founded by the late William Dotson Sr. in 1961. The most recent owners were Bill and Erin Dotson.

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