DONE DEAL:
Linn Livin’ Easy
Blueprint is pleased to announce the successful sale of a 132-bed skilled nursing facility located in central Missouri. Blueprint conducted a direct, off-market process that paired its client, a Chicago-based owner/operator seeking a strategic exit of this non-core asset, with a reputable non-profit looking to expand its mission.

Originally strategically purchased for its location between St. Louis and Kansas City, the seller decided the asset was no longer consistent with its business plan. The seller desired a highly-targeted and confidential sales process, as opposed to a widespread marketing campaign, and asked Blueprint to approach a single, pre-approved buyer.  Blueprint’s relationship with a non-profit looking to expand its mission in the region led to a mutually beneficial transaction.

Blueprint secured a purchase price of $5,500,000, or approximately $42,000 per bed, for the rural facility.

Josh Salzman sourced the opportunity and executed the transaction.

LEAD ADVISORS
Joshua Salzman
General Counsel
(312) 300-4714
jsalzman@blueprintHCRE.com