BRADENTON, Fla. - A Tampa-based real estate broker specializing in the sale of senior housing communities has a new niche: the sale of distressed senior housing financed with tax-exempt bonds.

CLW Health Care Services Group closed recently on two properties owned by nonprofits in default - Carlton Cove in Huntsville, Ala., the sale of which closed May 30, and Marsh's Edge in St. Simons Island, Ga., which closed June 27.

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