Portfolio of Childcare Properties Sold in Georgia
HINGE Advisors is pleased to announce the sale of four early education properties in Middle Georgia. The building portfolio was sold by Scallions Development Company, a childcare real estate development firm led by industry pro Thad Joiner, in a deal spearheaded by HINGE Transaction Team Leader Alec Ligon.
“HINGE has been my best partner for nearly two decades,” shares Thad, who has owned, operated, and sold multiple early learning schools and real estate properties since 2009.
“They get top dollar. They have the best people. And they are a company of integrity that you can always count on,” he says.
A Turnkey Real Estate Sale
The four real estate properties did not house any active programs, presenting a turnkey opportunity for an early learning provider to expand its footprint with a significant addition of schools that can operate synergistically.
“These dark childcare buildings are ready to see new light,” says Alec. “We were excited to get them into new hands and make the process super easy for Thad.”
Why Childcare Real Estate is Unique
Selling childcare properties isn’t the same as selling other types of real estate, Alec explains, emphasizing the benefits of seeking expertise from a dedicated childcare real estate transaction advisor.
“School design, licensing requirements, and local market conditions all factor into property values. If a broker doesn’t have a keen understanding of how industry specifics drive pricing and value, sellers risk leaving an awful lot of money on the table,” he says.
A partner who specializes in childcare real estate also has an established network of buyers and investors who seek out childcare assets specifically. For instance, HINGE’s network of 650+ reputable childcare buyers and investors are actively growing in markets across the United States.
“When ECE owners come to us to sell their real estate — with or without a business attached to it — they know we have hundreds of their ideal buyers at our fingertips … and that we will run a competitive process to get them the highest possible value,” Alec notes.
Thad adds, “HINGE is the industry leader in childcare business and real estate transactions, period.”
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