The portfolio was positioned as a unique opportunity to strategically develop a new regional operating platform or expand an existing one. The offering presented the ability to capitalize on clear and identifiable operational upside at each facility. At the time of sale, the portfolio generated $38,400,000 in total revenues with an overall occupancy rate of […]

Originally built in 1997, the community’s 142 units are divided among 75 independent living units and 67 assisted living units. The seller was facing recent operational challenges that led to occupancy rates of approximately 73% when the sale process started. However, El Paso is among the fastest growing metropolitan statistical areas in the country. Despite […]

Blueprint was exclusively engaged by the seller, a reputable New York-based owner with more than 150 skilled nursing and long-term care facilities nationwide. At the time of sale, the facility was 75% occupied and performing at a 5.9% EBITDAR operating margin. Blueprint upped the ante and positioned the asset as a value-add opportunity that an […]

The sale was prompted by the operator’s motivation to reduce its overall exposure to the state’s challenging reimbursement environment and its initial intention to not operate the facilities in the long term. Combined, the facilities were operating at approximately breakeven on nearly $12 million in total revenues. Blueprint leveraged the nearby proximity of the assets and positioned […]

The sale was prompted by the operator’s motivation to exit this hyper-competitive submarket and focus on other regions in the state. To maintain census, the operator identified an opportunity to tap into a niche resident group by offering behavioral health services to the market. However, the lower reimbursement rate for this population limited the facility’s cash […]

Looking to focus on its core geography east of the Mississippi, Blueprint was engaged to assist in the sale of the Florida-based operator’s only Kansas location. Kenwood View is a CMS Five-Star rated facility with a strong reputation in the local community and quality payor mix. Because of its outlier location relative to the operator’s geographic […]

The portfolio includes three, best-in-class assisted living communities with strong historical occupancies. The seller was looking to transfer ownership of the assets but stay on as operator. Blueprint was engaged to identify a buyer that met all of the seller’s objectives in the sale-manage back transaction. Blueprint’s extensive knowledge and relationships with investors seeking seniors […]

Blueprint was engaged by the seller to facilitate the sale of the highly-distressed asset in danger of closure. Blueprint conducted a quick and efficient marketing process to select the most qualified buyer. Ultimately, the right fit was found in an opportunistic, Maryland-based private equity group that specializes in seniors housing and distressed debt. Blueprint helped to […]

Blueprint completed a complex, multi-stage transaction by swiftly swapping operators, efficiently shopping to identify the optimal real estate purchaser, and actively assisting its REIT client in a timely and strategic non-core asset divestment. The asset is a large-scale skilled nursing and long-term care facility situated in a desirable, yet highly-competitive, submarket just north of downtown […]

Blueprint was engaged by the seller to market the reputable 80+ client home care agency. Blueprint’s exclusive marketing campaign targeted both local and national home care providers. Blueprint advised its client on multiple alternatives procured through the process and ultimately recommended a highly-regarded Colorado-based home care provider actively growing its presence in the state. Capitalizing on […]

Blueprint conducted a formal marketing process on behalf of the third-generation owner-operators, the family having owned the community since its incorporation in 1953. The CMS Five-Star asset had a strong local reputation because of its long history in the community. At the time of sale, the community was stabilized with occupancy above 95%. Blueprint was […]

Sitting on approximately seven acres of prime Sonoma County land, the unique community consists of 40 assisted living units, 32 memory care beds, and 38 skilled nursing beds. Looking to divest of the asset, Blueprint was engaged by the seller for its strong relationships with active investors in the space. Blueprint’s marketing strategy entailed a highly-targeted and confidential […]

Prior to engaging Blueprint, the seller had gone through a series of transactions to restructure a regional portfolio. One asset remained from the larger portfolio, and Blueprint was tasked with maximizing value for its client through a targeted exit strategy. Blueprint conducted a marketing campaign that posed upside on a nearly-stabilized asset with an exceptionally […]

The first asset is 50 units and located in Peoria, Arizona. It had been vacant since 2008. The second asset is also 50 units and located in Mesa, Arizona. It had been vacant since 2013. Looking to divest of both properties, the seller engaged Blueprint for its regional expertise. Blueprint’s marketing strategy focused on unlocking […]

The seller engaged Blueprint for its regional expertise and robust network of investors and operators seeking skilled nursing growth opportunities. The regional portfolio was comprised of over 450 total licensed beds. Blueprint sourced a tenured investor in the space and a Chicago-based operator to acquire and operate the portfolio, respectively. Blueprint helped to navigate several […]

Built by a local real estate developer in 2015, the community was comprised of nine 10-unit buildings overlooking a central courtyard. The state-of-the-art property was the developer’s first venture into seniors housing and remained in lease-up at the time of sale. The seller recognized the need bring in an experienced operator, and Blueprint was engaged […]

Initially looking to wind down its tenant’s presence in the Southwest, Blueprint was engaged by the seller to divest of Paloma Blanca, a 119-bed skilled nursing facility in Albuquerque. Situated in a desirable location with proximity to several hospitals, the property had been well-maintained since it was built in stages throughout the 1970s and early 1980s. Operationally, however, the asset encountered […]

Built in 1983 and renovated in 2009, the facility was well maintained and located in a highly desirable market just a few blocks from a major hospital. At the time of sale, however, the property was experiencing operational challenges related to census and escalating liability insurance costs. The seller elected to engage Blueprint for its […]

The portfolio was comprised of 1,866 total licensed beds and includes facilities located in Kentucky (12), Ohio (7), and Indiana (1). The seller elected to divest of the assets as part of a greater ongoing strategy to diversify its operator base. Blueprint was engaged as the exclusive advisor for its expertise in maximizing value for […]

Blueprint conducted a confidential marketing process on behalf of the ownership group looking to exit the seniors housing space. Originally built in 2003, the community underwent three expansions between the years 2008 and 2015 to keep up with the demand of the local market. Consisting of 55 independent living and 44 assisted living units, the […]

Blueprint successfully navigated the legal landscape in order to market the distressed asset on behalf of ownership, with its mandate being to maximize value. Blueprint’s marketing strategy focused on positioning the low occupancy community as a turnaround opportunity with significant upside potential. Turning to its extensive knowledge of the buyer pool, Blueprint conducted a hyper-focused process […]

The regional portfolio comprised of three private pay communities built between 1998 and 2000 in prime locations around the Atlanta area. While a relatively recent change in management companies boosted occupancy across the board, there was still considerable capex needs to better position the communities among the area’s new supply. Through Blueprint’s knowledge of the […]

Blueprint worked collaboratively with the owner to facilitate the confidential sales process. Originally constructed in 1996, the community was 89% occupied at the time of sale. The building is situated in a premier location just off Route 24 on the Brockton/Stoughton line and across from the well-regarded Bay Pointe Rehabilitation and Nursing Center. Blueprint led […]

The large, multistory facility was originally built in 1970 and completely renovated and expanded in 2013. The nearly 100,000 square foot facility was later acquired as part of a large portfolio transaction in 2016 and the lessee was retained to continue operating the portfolio. Blueprint’s strategy focused on identifying a highly-qualified and capable buyer willing […]

While the community was originally built as a limited service hotel, Blueprint successfully marketed the asset as a value-add seniors housing opportunity. The original owner, a local non-profit, had converted the building to an assisted living community but had little experience in seniors housing operations. The non-profit owner ran into financial trouble and was unable […]

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 […]

With the campus being the only licensed provider in town, all assisted living units were occupied at the time of sale, but its skilled nursing bed census hovered around only 30%. Blueprint was tasked with sourcing and executing a relatively speedy transaction for its client, while also maximizing execution certainty in light of the occupancy […]

Blueprint strategically tackled the challenge of maximizing value for the seller by sourcing investors willing to assume lease-up risk. Leveraging the demographics in the rapidly growing submarket and the state-of-the-art community, Blueprint procured the right buyer in a partnership of an opportunistic investor and a prominent operator that had an existing relationship. Blueprint selected the […]

Blueprint strategically presented the offering to in-state providers eager to grow their existing operating platforms. In light of new competition entering the local market, Blueprint highlighted the facility’s newly-remodeled, 26-bed memory care wing, along with a recent substantial Medicaid rate increase.These meaningful revenue-driving, value-add opportunities were emphasized in projections that the market largely deemed defendable […]

Blueprint led a focused marketing campaign, approaching select regional operators and local investors, ultimately selecting the buyer that represented the best combination of price and execution probability. Blueprint worked collaboratively with the real estate owner and the operator to facilitate an effective and confidential sales process. Substantially renovated in 2015, the 81-bed facility was 77% […]

The transaction involved the sale of Etowah Landing, a 100-bed facility in Rome and River Towne Center, a 210-bed facility in Columbus. Blueprint conducted a highly selective and confidential marketing campaign positioning the assets as a value-add opportunity, showcasing steadily improving operational performance. After a competitive bidding process including multiple offers from qualified investors and […]

The offering was positioned by Blueprint as a value-add opportunity to acquire two regionally based facilities in key Arizona submarkets. This resulted in a competitive bidding environment with multiple offers submitted from the targeted and selective list of qualified prospects. Ultimately, a publicly traded Southern California based owner-operator, with a large presence in Arizona and […]

Blueprint was charged with the mission of maximizing value for a NNN-leased asset operated by a local non-profit organization. The offering was uniquely positioned as an opportunity to acquire valuable underlying real estate subject to a NNN lease. Blueprint strategically promoted the community’s sound operational performance and lease coverage to showcase sustainable returns. Leveraging the […]

The sales were prompted by the Tennessee-based operator’s motivation to concentrate its focus in its core geography. The three facilities sold represented the operator’s entire presence in the Pacific Northwest. Through a tactical marketing approach targeting both investors and operators, Blueprint identified a growing partnership among a public REIT and a regional operator focused on […]

Symphony of Crestwood is a multistory facility built in 1974 and is the largest long-term care facility by licensed capacity in the area. Blueprint showcased extensive physical plant renovations and recent upgrades that led to upward-trending revenues. Blueprint’s offering further illustrated the improving quality payor mix resulting from growing specialty care programs including cardiac care, […]

Following the portfolio acquisition of several assisted living and memory care communities in Kansas, ownership selected Blueprint to conduct an exclusive sale process of two geographic outliers as they did not fit within the regional core of the portfolio. Built in the 1990s, the two communities have a combined 49 units offering assisted living and […]

Blueprint conducted another exclusive and limited process on behalf of a publicly-traded REIT and reputable, regional operator, both of which sought to strategically divest of this non-core asset due to its licensed capacity and vintage. Originally constructed in 1968 and later renovated in 1998, the facility is dually-certified for 50 beds and features only semi-private […]

The portfolio, which was originally purchased out of receivership, has been operated by one of the region’s most reputable and well-regarded operators, with nearly all facilities holding at least a 4 out of 5-Star CMS rating. Blueprint positioned the portfolio offering as an opportunity to acquire both the real estate and the operations, or just […]

Maple Heights is the only independent living provider located in Allen Park, Michigan. The mid-rise property has held its strong reputation and deep ties to the local community since the 1970s. Blueprint positioned its offering as an asset with a proud history of consistent occupancy exceeding 90% and a stabilized track record of financial performance […]

Blueprint conducted a strategic and targeted marketing campaign on behalf of the seller, an established Ohio-based owner-operator. Ownership retained Blueprint to manage the process to divest the two assets, each with neutral cash flow. Blueprint maximized the trade for the seller through its depth of relationships with qualified purchasers focused on growing within the regional […]

A highly selective and confidential marketing campaign positioned the asset as a value-add play in which an operator with synergies in the region and local market could unlock substantial value. At the outset of marketing, trailing twelve month operational performance yielded $5,950,000 in Total Revenue with overall occupancy at 56%. The outgoing operator took over […]

The portfolio consisted of four senior living communities (three in Indiana and one in Iowa) with unit capacities ranging between 35 and 62 total units and constructed in the late 1990s. Each property’s resident population was nearly all private pay and experienced varying levels of occupancy challenges. Blueprint set forth a bespoke marketing plan that […]

Blueprint positioned the offering as either a value-add or conversion play, and the competitive bidding process yielded an ultimate purchase price exceeding the original ask. Blueprint not only navigated the unique challenges associated with a non-profit to for-profit transaction, but it also guided both Buyer and Seller expeditiously through the obstacles presented by the City […]

The 128-unit, 138-bed, Class A, assisted living and memory care community will be constructed within the Osceola Corporate Center, a 900 plus acre master planned mixed use development. Located within a growth corridor 15 miles south of downtown Orlando, and close to several regional economic engines, the three-story community is to be built on a […]

Originally built in the 1960’s as a hospital, Southern Traditions was converted by the Seller into the skilled nursing facility that it is today. While the property had a reputation for providing excellent care for the residents of Haralson County, Georgia, ownership and its operator elected to exit the asset well in advance of lease […]

Blueprint’s client took over the operations of the struggling nursing home in 2013. A sound repositioning strategy and limited area competition set the stage for a significant turnaround. The operator’s business plan was executed, and Blueprint was engaged exclusively by the seller to conduct a targeted marketing campaign. At the time of sale, Gardner was […]

Blueprint conducted a confidential marketing process on behalf of an owner looking to sell its only seniors housing asset. Meadowood Retirement Village was built in 1984 and underwent a memory care expansion in 2012. During its highly-focused marketing process, Blueprint procured a publicly-traded REIT as the buyer given its ties to a prominent operator in […]

Blueprint conducted an exclusive and limited process on behalf of a publicly-traded REIT and regional operator, both of which sought to strategically divest of this particular asset. Blue Ash Care Center is a single-story building originally built in 1969 and renovated in 2006. Through its precise and calculated marketing approach, Blueprint targeted, identified, and facilitated […]

A highly selective and confidential marketing campaign positioned the asset as a value-add play in which a regional operator with existing synergies could create operational efficiencies and capture upside. At the outset of marketing, trailing twelve month operational performance yielded $6,600,000 in Total Revenue and $444,000 in EBITDAR, representing a 6.7% operating margin. After a […]

Blueprint’s tailored marketing process successfully resulted in multiple completive offers from qualified investors and operators. At the time of sale, trailing twelve-month operational performance represented $9,000,000 and $250,000 in Gross Revenue and EBITDAR, respectively. The average census over the same period was 80% with a Quality Mix of approximately 25%. Blueprint effectively convinced the prevailing […]

The portfolio included centers located in Kansas (9), Missouri (6), Iowa (2), and Nebraska (1). The regional cluster was comprised of 1,843 total licensed beds and generated approximately $110 million in total revenue on a trailing basis at the time of sale. Most of the centers were situated in suburban neighborhoods, while several of the […]

Park Visalia was originally acquired in 2014, and ownership invested in several capital improvement projects and brought in a California-based third party management company to boost occupancy and turnaround operations. However, after the first year occupancy remained constantly below market levels. The owner elected to transition the operations to a Midwest-based provider that managed to […]

Blueprint conducted a strategic and targeted marketing campaign on behalf of the seller, an Ohio-based owner-operator. seeking to divest of its two remaining seniors housing assets. Blueprint positioned the offering as nearly stabilized with further upside to be unlocked through census and operational efficiencies. Blueprint maximized the trade for the seller through its depth of […]

The portfolio was positioned as a unique opportunity for an incoming investor/operator to strategically develop a new regional operating platform, or expand on an already existing one. Further, the Portfolio presented an opportunity to capitalize on clear and identifiable operational upside at each facility. At the time of sale the Portfolio was 52% occupied, had […]

Part 1 of the sale consisted of a Rochester metro area facility that was presented to the market as a high-quality and fully-stabilized asset. At the time of sale, trailing twelve month operational performance yielded $14,250,000 in Total Revenue and $1,350,000 in EBITDAR. With average monthly occupancy of 92.3%, quality mix at 25.9%, and a […]

The highly selective and confidential marketing campaign positioned the asset as a value-add opportunity. At the time of sale, in-place cash flow was negative, with occupancy in multiple year-over-year decline. However, historical operational performance proved bankable, as experienced local operators and savvy investors noted the well-maintained facility’s strong past performance. This included back-to-back years of […]

Blueprint was hired for its expertise in representing large companies seeking to unlock value through strategic dispositions of non-core assets. Blueprint presented the offering to a unique set of qualified buyers spurring multiple bids for the asset. The ultimate buyer separated itself by committing to a rapid closing within 60 days of the acceptance of […]

Wingate at Melrose is located in a premier location just off Main Street, between I-93 and Route 1, approximately 11 miles north of downtown Boston. Prior to the sale, and with the approval of the real estate owner, the operator elected to consolidate regional operations and shut down the facility. On behalf of the real […]

A highly selective and confidential marketing campaign positioned the asset as a value-add play in which an operator more familiar with the region and local market could unlock substantial value. After a targeted buyer selection process, a New York based owner/operator with a notable presence in East Texas emerged as the winning bidder. Despite the […]

Royal Haven at Woodstock is located in the picturesque Shenandoah River Valley approximately 90 miles from Washington, DC. At the time of sale, Royal Haven was vacant as ownership elected to invest in property upgrades and site improvements to the community. Blueprint attractively positioned the offering and procured an acquirer who found significant value in […]

The portfolio, a regional cluster of five properties located within three hours of one another, were owned by a publicly-traded REIT and were operated by a reputable national operator with a larger presence in the state. Throughout the transaction the portfolio’s census remained relatively stable, however some communities were operating at a deficit. Blueprint conducted […]

The portfolio, a regional cluster of rural facilities, consisted of 270 total licensed beds. The assets were owned by a publicly-traded REIT and were operated by a Texas-based provider, this operator’s only facilities in the state. At the time of sale, the portfolio’s overall census had declined and two of the facilities were operating at […]

Oakwood Terrace was built in 1996 and was extensively renovated in 2006. Having maintained consistent and stabilized occupancy levels above 95.0% for the past several years, the community was uniquely positioned as the area’s low-cost provider with an excellent reputation for providing quality care. Blueprint worked on behalf of the seller, a not-for-profit organization seeking […]

Blueprint was retained to conduct a calculated sales process by a publicly-traded REIT, and the assets were acquired by publicly registered non-traded REIT. At the time of sale, the communities were greater than 93% occupied collectively and were generating annualized revenues exceeding $6.5 million on a consolidated basis. Blueprint maximized value by utilizing a marketing […]

The Hearth on James, located approximately one mile north of the Syracuse University campus, was originally built in 2001 carrying the Enriched Housing Program licensure designation granted by the State of New York. The community was acquired in a sale/leaseback structure between Mainstreet Health Investments Inc. (TSX: HLP.U), a North American real estate healthcare company […]

Blueprint executed a strategic and confidential sales process on behalf of the seller, a regional owner-operator seeking to divest of their only seniors housing asset. Blueprint procured several qualified offers from both owner-operators and healthcare real estate investors interested in the asset’s stabilized operational performance. The buyer was a subsidiary of Florida-based specialty insurer Fortegra […]

Valley Stream Rehabilitation & Healthcare Center is located just off Main Street in Fitchburg, approximately 2.4 miles from UMASS Memorial Medical Center. At the time of sale, the facility was 83% occupied (operating at 78 beds) with a quality patient mix of approximately 30% and revenues in excess of $5.5 million. The facility was acquired […]

At the time of sale, the downtown adjacent New Bedford facility was 79% occupied with revenues totaling more than $6.7 million. A competitive sales process resulted in several qualified offers from both skilled nursing operators in the region and investors nationwide. Blueprint stayed in close communication with its client while working diligently to effectively position […]

The targeted and confidential marketing campaign positioned the assets as value-add opportunities, with achievable upside through improvement to census, quality mix, and operational efficiencies. In spite of uncertainty surrounding the state’s Minimum Payment Amount Program (MPAP), Blueprint was able to attain maximum value for its client and facilitate a successful closing in less than 60-days […]

Blueprint was tasked with running a confidential sales process to maximize value while ensuring that the incoming operator would be an ideal fit. Blueprint’s efficient process yielded several qualified offers, from both regionally-focused owner-operators and from healthcare real estate investors from across the nation. Ultimately, a well-respected Ohio-based owner-operator emerged as the buyer and swiftly […]

Blueprint conducted an exclusive marketing campaign approaching only a small, pre-defined group of qualified purchasers. The portfolio was positioned as a unique opportunity to acquire three facilities with extremely well-maintained physical plants, very limited local competition, and immediate operational upside potential. Blueprint effectively and efficiently demonstrated its capability to define the market quickly by procuring […]

Blueprint approached a very small group of buyers and consummated a deal quickly and quietly. The buyer, Summit REIT, stepped up and seamlessly closed the transaction, which is their first in the state of Delaware. Christopher Hyldahl handled the transaction.

The regional healthcare campus consisted of over 200 total bed/units, and was made up of independent living, assisted living, skilled nursing, and long-term acute care hospital beds. The campus was built in stages over time and sprawled across 30 acres just outside of Toledo. The success of the transaction was rooted in Blueprint’s ability to […]

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 […]

Through a highly targeted bidding process, the seller received 15 qualified offers. Ultimately, a Los Angeles-based real estate private equity firm with an operating partner emerged as the winning bidder. The total purchase price for the two facilities was $27.5 million, and the closing took place within 60 days of agreement execution by the parties. […]

Wayland Nursing and Rehabilitation Center is located approximately 17 miles west of Boston in the town of Wayland, a quiet and pedestrian-friendly suburban town near the intersection of Greater Boston’s major commuter thoroughfares-Interstate 95 and the Massachusetts Turnpike. The facility has a long-standing reputation in the local market for providing quality care and rehab services, […]

Blueprint conducted a targeted marketing campaign approaching only a predefined and select group of qualified purchasers seeking to grow in the Gulf Coast region of Florida. Blueprint structured a creative solution in tapping the neighboring real estate owner and was able to leverage the competitive market for the asset to maintain aggressive pricing and certainty […]

The opportunity to acquire a seniors housing asset in a high barrier-to-entry market, while being able to reposition and improve upon operational and financial performance, posed significant upside to local, regional, and national investors. At the time of sale, the community was 68% occupied, generating approximately $2,500,000 in total revenue and $425,000 in EBITDAR. A […]

At the time of sale, total revenue and EBITDA were approximately $5,700,000 and $240,000, respectively. The unit mix consisted of 3 privates, 15 semi-privates, and 22 three-bed rooms. The offering was positioned as a value-add opportunity in an underserved market and drew attention from both regional and national owner-operators. The transaction closed as required by […]

Blueprint conducted an extensive marketing campaign targeting national seniors housing investors and regional operators in the Pacific Northwest. Macklyn Place was initially included as part of a larger portfolio offering in conjunction with other non-core seniors housing assets in the region; however, the asset was ultimately acquired separately by a regional operator/developer based in Oregon. […]

While Village Square’s EBITDAR was negative, Blueprint attractively positioned the offering as a value play given its location and upside potential. Blueprint’s campaign generated six qualified offers and a competitive bidding market. The buyer, a Los Angeles-based investor, was able to pinpoint an operating partner eager to turn around the facility’s performance. In addition to […]

Blueprint meticulously explored multiple transaction structures with ownership, who ultimately selected a recapitalization structure involving the refinance of property level debt. The result of Blueprint’s involvement translated into an attractive return for the exiting partner, who was seeking to monetize his original investment in the community. Furthermore, Blueprint’s involvement created an optimal outcome for the […]

At the request of ownership, Blueprint conducted a concise and timely marketing campaign approaching the most aggressive qualified purchasers seeking to grow in the Tampa MSA. The Seller created and ultimately unlocked significant value by successfully turning around a cash-flow negative nursing facility in Eagle Lake. At the time of sale, overall occupancy was stabilized […]

Riding the wave of momentum from a recently completed successful transaction in the same regional Ohio marketplace, Blueprint was engaged by a well-respected Ohio owner-operator seeking to divest of an underperforming, non-core asset. Ultimately, Blueprint introduced a high-acuity operator to a national skilled nursing investor, which made an ideal partnership to purchase the Mahoning County […]

Blueprint orchestrated a calculated marketing campaign steered primarily towards regional operators. Blueprint’s knowledge surrounding New York State regulation effectively shaped the market for prospective acquirers poised for optimal transaction execution. And, perhaps the most impactful aspect of Blueprint’s involvement in the transaction was its role in structuring an expedited licensure transfer process enabling an unprecedented […]

Blueprint conducted an exclusive process on behalf of a private developer seeking to recapitalize a stabilized seniors housing asset. While Blueprint effectively fostered a competitive bidding environment among top industry REITs and private equity investors by way of traditional sale and sale/lease-back proposals, ownership’s objectives evolved during what proved to be a shifting market. Ultimately, […]

Summerfield Senior Living was opened in 1993 and acquired in 2005 by a Southern California-based real estate entrepreneur who contracted with a third-party manager to operate and improve the financial performance of the community. With a 100% private pay resident population and over $1,000,000 invested in capital improvements since 2008, Summerfield generated approximately $2,900,000 and […]

Blueprint conducted an extensive marketing campaign targeting several national seniors housing investors and regional operators in the Pacific Northwest. Blueprint effectively created a competitive bidding environment for the offering by approaching regional operators specifically to acquire the subject asset as well as the national investor community more globally with the allure of a larger portfolio transaction […]

Blueprint was tasked with the responsibility of maximizing value on behalf ownership in the strategic disposition of a 60-bed skilled nursing facility in Lawrence County, Ohio.  At the time of sale, the asset was operationally challenged and was cash flow-negative.  Through a targeted marketing approach, an ideal buyer emerged in a partnership Blueprint helped orchestrate.  […]

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 […]

The facility, a fixture in the local community, had been owned and operated by a local provider since 1989. Blueprint was engaged to identify a reputable buyer with a focus on delivering high-quality care. At the time of sale, Birch Manor was 92% occupied with a 20% quality payor mix and boasted revenues of approximately […]

Blueprint conducted an extensive marketing campaign approaching a select group of qualified purchasers seeking to grow on the west coast of Florida. At the time of sale, the subject’s operating performance was trending positively enabling Blueprint to create a competitive bidding environment for the offering. In addition to the trending cash flows, the occupancy was […]

Blueprint conducted an extensive marketing campaign approaching both investors seeking to back the existing operator of the community as well as other owner-operators seeking to grow in Wisconsin.  Through Blueprint’s leverage in the marketplace, the existing operator of the community was able to secure a capital partner in a publicly-traded REIT to acquire this asset […]

While the facility was generating in excess of $10,400,000 in total revenue on a trailing basis, a recent repositioning of operations paved the way for a transition. The landlord is a prominent private equity fund based in Dallas, and Blueprint procured St. Louis-based MGM Healthcare as the lessee. MGM is a provider of rehabilitation, skilled nursing, long-term […]

The Terraces of Roseville provides independent living, assisted living, and memory care services. The community was built in 1987 and sits on a 4.10-acre parcel.  The Terraces of Roseville was owned by a New York based private investment group and operated by Westmont Senior Living. Blueprint was exclusively retained by a court-appointed trustee to conduct […]

Keiro consists of two Skilled Nursing Facilities (398 total beds), a 90-bed Intermediate Care Facility, and a 154-unit Independent Living Facility.  In addition to the healthcare properties, the portfolio includes a 23,000-square foot administrative building as well as a 6,000 square foot auditorium and recreation center on the primary campus. The Japanese-American Community in Southern […]

Blueprint confidentially marketed the asset as a value-add opportunity given that in-place cash flow was negative at the time of sale, due in large part to the facility’s recent graduation from CMS’ Special Focus Facility (“SFF”) watch list. Having generated in excess of $9,800,000 in total revenue on a trailing basis, the facility’s operational performance […]

Blueprint’s keen awareness of its prospective purchaser’s tastes in terms of geography and payor mix set the table for a mutually beneficial transaction. The asset was sweetly served up as a value play with significant upside, and the positively-trending occupancy and EBITDAR as the transaction advanced was icing on the cake. The purchase price was […]

While Kindred Windsor’s trailing twelve-month total revenues were approximately $9.8 Million, EBITDAR over the same period was below break-even. As such, Blueprint attractively positioned the offering as a value play and was able to pinpoint a highly-experienced regional operator eager to acquire and turnaround the facility. In addition to the operational deficit, both Blueprint and […]

Originally built in 2006, Park Place was acquired in 2011 by a joint venture of AEW and First Capitol Group. The venture was able to dramatically unlock and add value over the course of its hold period by expanding the community with the addition of assisted living units and by converting units to memory care. […]

Blueprint strategically approached a select group of qualified buyers and operators with the exclusive opportunity. Due to the quality, location, and strong cash flows of the offering, Blueprint was able to generate a competitive bidding process in which both buyers and operators said Yes to Youngstown. The marketing process resulted with several options for the […]

The fully-stabilized Community was originally constructed for the current operator in 2002. Blueprint conducted a broad marketing campaign introducing qualified prospective purchasers from across the nation to review an offering located in a quaint New England town. Ultimately, Blueprint effectively structured a transaction in which a California-based public non-traded REIT purchased the property and leased it […]

Blueprint worked in conjunction with the Seller to design a marketing approach strategically targeting only one specific buyer with whom they had the utmost confidence could execute on the transaction. Blueprint was charged with the task of producing a top-of-market offer from this buyer, a private, non-traded REIT based in Southern California. The direct marketing […]

Due to the quality, location and strong cash flows, Blueprint was able to quickly procure several competitive offers contemplating various transaction structures providing the seller with vast optionality. The Purchaser ultimately selected was a public, non-traded REIT that shared a similar vision for the future of the asset with the Seller. Blueprint thus structured a […]

While Kindred Hallmark’s trailing twelve-month total revenues were approximately $6.8 Million, EBITDAR over the same period was marginal. As such, Blueprint attractively positioned the offering as a value play on a price-per-bed basis. By utilizing its extensive network of qualified investors and regional operators, Blueprint produced multiple competitive offers to acquire the facility. The Purchaser […]

Winterhaven, located in Houston, was built in 1970 and consists of 160 beds, of which 143 are dually certified. Heritage Place, located in Mesquite (suburban Dallas), was built in 1977, and is comprised of 149 beds, including 138 dually-certified beds. At the time of sale, the facilities were collectively approximately 75% occupied with a quality […]

The Seller, a known developer/operator in the region, sought a quick and quiet transaction. Blueprint efficiently positioned this premier property to only an exclusive and select segment of the market.  The proficient process achieved unprecedented results in terms of proceeds and structure. The transaction yielded $64,000,000 representing premium pricing of $344,000 per unit. Tim Cobb […]

The Seller, a private investor group with significant experience and ties to the industry throughout the country, desired to exit the New York market expeditiously. Blueprint’s knowledge the regulatory environment as well as the market for potential acquirers receptive to creative investment structures paved the way for optimal execution. The Buyer selected, a regional owner-operator […]

Blueprint effectively structured a transaction between the Seller, a private owner-operator, and a publicly traded REIT that aligned itself with a regional operator with a track record of success. The purchase price was $19,720,000. Mario Wilson was the lead advisor on the transaction.

The seller was an established St. Louis-based seniors housing developer, and the Purchaser was American Realty Capital Healthcare Trust III.  The purchaser retained Cedarhurst Living to continue to operate the community on its behalf. Blueprint structured the deal expeditiously having the utmost confidence in the known investor’s ability to perform.  Blueprint was not only able […]

Blueprint strategically approached only a handful of qualified prospects and quietly put a deal together. The seller was a well-established New York real estate family, and the California-based private investor purchased its first healthcare property in the Vegas market with the acquisition. Christopher Hyldahl was the lead on the transaction.

Blueprint conducted an extensive marketing campaign for WISH10 resulting in several qualified offers from some the industry’s most formidable investors. Blueprint effectively demonstrated WISH10’s potential, driving not only interest in the offering but also value on behalf of its client. Key to the process was Blueprint’s recognition of the ultimate purchaser’s relationship with SLC and […]

The two facilities focus on providing high-acuity Alzheimer’s care within a secured setting. Constructed in 1994 and 2004, the facilities each feature pod-style room configurations with a majority of semi-private rooms. The facilities experienced consistent performance boasting strong occupancy and quality mix at 88% and 63% on a consolidated basis, which equated to generating over […]

Marquis was experiencing $11 million in gross revenues and EBITDAR of $950,000, yielding an operating margin and quality mix of 8.6% and 44.1, respectively.  Lease payment to the landlord was $540,000.  Chris approached eight prospective tenants and generated five offers on the offering.  Because Marquis only had until September 30, 2016, without any extensions, a new […]

Michael Segal and Ben Firestone listed the property and cooperated with an outside broker whom they trust to procure the buyer. The buyer’s plan is to use community reinvestment dollars and tax credits to re-open and stabilize the property. The Seller was Ventas REIT, one of the most significant repeat client relationships for Blueprint, and […]

Chris took the deal to 10 buyers and procured 7 offers ranging from $5,750,000 – $7,300,000.  In the end Shlomo Rechnitz ended up winning the deal at $7,000,000, cash, with $3,000,000 going non-refundable straight away.   Chris marketed the deal for 21 days and closed the deal 17 days thereafter under a MOTA agreement. Chris was referred […]

The assisted living community, Longwood Manor, is located in Maytown and is comprised of 70 units (116 licensed beds). Longwood Manor was originally built in 1999 as an assisted living (personal care) community only and was expanded in 2013 by adding a secure, memory care wing to accommodate residents with Alzheimer’s and dementia care needs. […]

The Seller was a partnership with significant operating experience and ties to the industry within the Boston region, and it desired to keep the marketing of the facility private and concise.  Blueprint’s intimate knowledge of the Massachusetts market enabled a controlled process targeting only an exclusive and qualified audience on the offering.  Ownership was presented […]

Blueprint succeeded in confidentially running a seamless marketing initiative, representing their client by extracting the most aggressive buyer to purchase the subject portfolio. At the time of sale, the portfolio generated approximately $20,800,000 and $450,000 in consolidated Total Revenue and EBITDAR, respectively. Through Blueprint’s extensive network of investor and operator relationships within the industry and […]

Blueprint was engaged by the Seller to execute a highly confidential sales process designed to not disrupt the ongoing operations during the lease-up period. Blueprint targeted a handful of qualified prospects, procuring seven competitive proposals in only four weeks of marketing. Ultimately, Blueprint produced a balanced solution in which the value of the assets and […]

Blueprint’s solutions-based approach presented several distinct paths to the Borrower as it was considering various transaction structures to recapitalize its assets. Blueprint’s guidance led the Borrower to elect utilizing Housing & Healthcare Finance’s industry-leading platform. The Borrower ultimately secured a loan within the FHA/HUD 232/223(f) program which provided long-term, fixed-rate, and non-recourse mortgage debt. The […]

Blueprint’s solutions-based approach broadened its client search from the one specific deal structure it previously sought out from the marketplace. Blueprint set forth a strategic marketing campaign procuring a high net-worth real estate investor with a local presence in both multifamily and seniors housing. The Buyer demonstrated an entrepreneurial vision for a strategic turnaround of […]

The Seller was a national non-profit organization with a mission to serve the communities in which it operates. Citrus and Graceland were the Seller’s last remaining Skilled Nursing assets in its portfolio prior to the transaction. Blueprint, on behalf of its client, having conducted an extensive marketing process procuring twelve qualified proposals, strategically explored both […]

Blueprint represented the seller, a private owner-operator and sourced the buyer, a non-traded REIT (“Buyer”) headquartered in New York. The Buyer leased the Community to Meridian Senior Living, a national operator of assisted living, memory care and independent living communities. The purchase price was $8,550,000, representing $171,000 per unit. Mario Wilson was the lead advisor […]

Blueprint represented the seller of the property, a publicly-traded REIT who deemed the assets to be non-core to its greater portfolio. The opportunity was presented by Blueprint directly to a recently-formed investment group that had extensive experience in the healthcare real estate space but had not yet closed a transaction within the new venture. Blueprint’s […]

Blueprint represented the seller of the property, a private partnership including a local operator. The opportunity was referred to Blueprint by one of its most trusted regional operator clients. This regional operator ultimately became the lessee in a transaction structure that included a partnership with a private real estate investment group based in Southern California […]

The timing of the offering and the transaction was opportune as regulatory issues encountered by the facility in the prior year were resolved and there was a positive trajectory in financial performance tied to the ensuing operational turnaround primarily due to the highly successful expansion of the ventilator and tracheotomy program. On a forward-looking basis, […]

Blueprint orchestrated an auction process for the sale driven by a Stalking Horse bidder. Blueprint conducted a rigorous process involving over 70 qualified parties generating a high level of interest resulting in ten property tours. Blueprint utilized its vast and intricate network of investors and operators to thoroughly vet the market for qualified potential purchasers […]

Based on trailing operating performance at the time of closing, the portfolio was 90.8% occupied and was generating $50,084,000 and $5,383,000 in Total Revenue and adjusted EBITDAR, respectively. The portfolio was taken to market with a base price of $46,500,000 subject to a structured overbid auction process. Through Blueprint’s extensive network of relationships within the […]

Jasper Nursing & Rehabilitation is comprised of two, single-story buildings built in the 1970’s. During the sales process, Blueprint highlighted the strong operational performance in 2013 which included approximately $2,400,000 and $240,000 in Total Revenue and EBITDAR, respectively. In addition to the stabilized cash flow incurred during the period, the offering was positioned as having […]

At the time of sale, the portfolio represented approximately $3.8 Million in top line revenue and approximately $540k in operating income. While the Hammond community was fully stabilized (with expansion potential) and generating an operating margin of approximately 24%, the memory care wing at the Slidell community remained in the fill-up stage and was positioned […]

Originated while at Marcus & Millichap, Jacob worked cooperatively and managed to negotiate a list-side commission arrangement as the Golden Living relationship was previously shared.  The purchase price was $19.8 Million which represented approximately $40,000 per bed. The client, Golden Living is a national owner-operator of SNFs, and the buyer was a NY-based private investor […]

Ben Firestone, Jacob Gehl and Michael Segal were the lead advisors on the transaction.

The transaction entailed a local developer selling its only seniors housing community to a joint venture of Ventas and Atria Senior Living for a purchase price of $27,000,000 or approximately $287,000 per unit.  Ben worked the transaction off-market for several years producing increasing bids from multiple bidders as the uptick in the community’s performance and […]

Executing such a transaction further demonstrates Blueprint’s versatility as an advisory firm. Ben Firestone, Michael Segal, and Mario Wilson were the lead advisors on this transaction.

The community was owned and operated by the largest non-profit provider of affordable housing in Minnesota, and Oak Ridge was the seller’s single assisted living community remaining within its portfolio. Oak Ridge was sold to a Chicago-based private equity firm, and this closing represents the Buyer’s second seniors housing acquisition in the Twin Cities metropolitan […]

Four Seasons RCC is a single-story, 13,965-square foot facility built in 1990. During the sales process, Blueprint highlighted that Four Seasons recently received its Assisted Living Facility Level II licensure designation which substantially increased its profitability. Trent M. Gherardini was the lead advisor on the transaction having confidentially sourced the buyer. Trent, along with Ben […]

Gross revenues and EBITDA, after a 5% management fee, were equal to $5,939,642 and $491,003, respectively. The Quality Mix was 27% and held a consistent census of 81%. At the time of sale the subject property was not enrolled in the IGT Program. RV sold for $5,000,000, or $52,083 per bed. The facility was owned […]

The subject properties are located in Peru, Indiana (North Central Indiana) on the Grissom Air Reserve Base. The United States Navy established the Naval Air Station Bunker Hill in 1942 and closed it after World War II ended. The United States Air Force reopened the base in 1954 as Bunker Hill Air Force Base. The […]

Designed in 1930, this iconic seven-story building offers streamline modern art deco architecture and was uniquely designed with all spacious corner apartments featuring corner windows with sweeping city views of Griffith Park, Observatory, Downtown Los Angeles and the Hollywood Hills. This legendary structure has tremendous character and charm and a rich history of Hollywood’s golden […]

In 2013 Sweet Brook generated approximately $10,565,000 and $377,000 in Gross Revenue and EBITDA, respectively. During this period the facility was 80% occupied based on operating capacity. The purchase price was $10,000,000 or approximately $55,000 per bed. The facility was owned and operated by a New Jersey-based private investor. The confidential marketing process produced five […]

The facilities were constructed in 1977, 1983 and 1984, and consist of 389 total beds (including 16 assisted living beds).  The properties were all under a master lease with an Indiana-based, 156-bed hospital which qualified them to receive an increased ‘UPL’ service revenue, affording both the Hospital and Manager an increased bottom line. The subject […]

The portfolio was sold in two separate transactions which closed in February and March of 2014 with a total purchase price of approximately $37,000,000 or $135,000 per unit. Blueprint facilitated the transaction by forging a partnership between a public, non-traded REIT and a national owner-operator. Michael Segal, Ben Firestone and Jacob Gehl of Blueprint represented […]

Blueprint worked with MidCap Financial, LLC, which issued the loan.  MidCap funded $3,700,000 at closing toward the $5,500,000 purchase and provided an additional $2,400,000 for capital improvements, working capital and an interest reserve.  The borrower will reposition the facility and add on Memory Care units.  MidCap was selected as the financing source based upon its certainty […]

Owned and operated by a local family for over forty years, the facility was recently awarded a five-star rating by Centers for Medicare & Medical Services (“CMS”). The subject property generated $8,468,278 and $1,004,320 in gross revenue and EBITDAR, respectively which presented an 11.6% operating margin after a 5% management fee. Overall census over the […]