DONE DEAL:
California Love
Blueprint is pleased to announce the successful sale of Vista Cove Care Center at Rialto (“Rialto”), a 177-bed skilled nursing facility located in Rialto, California.

Blueprint utilized a targeted approach presenting the offering to a limited group of owners/operators, successfully extracting maximum value from a partnership between a New York-based real estate group and a Los Angeles-based regional operator. At the time of sale Rialto was generating approximately $11 million and $1 million in total revenues and EBITDAR, respectively. The purchase price was $14,135,000, or $79,858 per licensed bed, yielding an approximate cap rate of 7.3%. The seller was a reputable, regional owner/operator of skilled nursing and long-term care facilities based in southern California.

Christopher Hyldahl was the lead advisor and Mike Segal assisted in executing the transaction.

LEAD ADVISORS
Christopher Hyldahl
Senior Managing Director, Founding Partner
(310) 893-7181
chyldahl@blueprintHCRE.com
Michael Segal
Managing Director
(312) 300-4137
msegal@blueprintHCRE.com