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 purchase price was $14,135,000, or $79,858 per licensed bed, yielding an approximate cap rate of 7.3%.

The seller was a reputable, regional owner/operator of skilled nursing and long-term care facilities based in southern California.