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Blueprint was selected to advise a joint venture owner on the strategic sale of a 90-bed skilled nursing facility Lowell, Massachusetts
Located within relatively close proximity to Lowell General Hospital, which accounts for approximately 1,300 skilled nursing discharges annually, the facility had historically maintained stable census levels with a steady stream of referrals and admissions
By leveraging a proven network of reliable buyers interested in Massachusetts skilled nursing acquisition opportunities, Blueprint was able to identify several interested parties, ultimately working with its client to select a regional acquirer
The acquirer plans to focus on operational efficiencies, including addressing staffing challenges, as well as investing into capital projects at the facility
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