DONE DEAL:
Match Made In Methuen
Blueprint is pleased to announce the successful sale of Methuen Health & Rehabilitation Center, a 107-bed skilled nursing facility located in Methuen, Massachusetts.

Methuen Health & Rehabilitation Center is located adjacent to Holy Family Hospital, approximately 30 miles from Boston. At the time of sale, the facility was 90 percent occupied with a quality patient mix of over 30 percent and revenues in excess of $8.8 million. The facility was acquired by a regional owner/operator with a notable eastern Massachusetts presence.

Blueprint confidentially and efficiently marketed Methuen for sale resulting in several qualified offers both from regionally-focused skilled nursing operators and from investors across the nation. Blueprint worked diligently to form a market for the asset and effectively negotiate the optimal transaction for its client.

The purchase price was $7.5 million, representing approximately $70,000 per licensed bed.

Steve Thomes and Christopher Hyldahl were the lead advisors, and Gideon Orion assisted in executing the transaction.

LEAD ADVISORS
Steve Thomes
Managing Director
(202) 400-2279
sthomes@blueprintHCRE.com
Christopher Hyldahl
Senior Managing Director, Founding Partner
(310) 893-7181
chyldahl@blueprintHCRE.com
Gideon Orion
Director
(310) 893-7183
gorion@blueprintHCRE.com