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Blueprint was selected by a public REIT to execute the strategic sale of an assisted living and skilled nursing facility following an operator transition earlier this year. St. Theresa Care Center is licensed for 92 assisted living beds and 99 skilled nursing beds
Nestled on the hilltop above the Village of Mariemont in Cincinnati, a National Historic Landmark, St. Theresa Care Center was originally built as an acute care hospital in the mid-1920’s and was later expanded in the late 1950s. The building was ultimately converted to its current use, also featuring units available for independent living residents, however the independent living and assisted living floors were most recently underutilized

Positioned as a value-add opportunity for an incoming buyer to capitalize on Ohio’s recent and substantial Medicaid reimbursement rate enhancements, Blueprint identified the purchaser, an owner/operator with a growing presence in the metro area seeking platform expansion

Blueprint worked actively alongside both buyer and seller to successfully complete the transaction within the contractual timeline with operations simultaneously transitioning to the new operator. The facility has since been renamed The Mariemont Care Center

SENIORS HOUSING

Blueprint Shows Its Stripes

Blueprint continues its market-leading Ohio transaction activity with sale of assisted living and skilled nursing facility in Cincinnati

Michael Segal

Ben Firestone

Connor Doherty

Ryan Kelly

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