DONE DEAL:
California Love
Blueprint is pleased to announce the successful sale of Vista Cove Care Center at Rialto (“Rialto”), a 177-bed skilled nursing facility located in Rialto, California.

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.

Christopher Hyldahl was the lead advisor and Mike Segal assisted in executing the transaction.

LEAD ADVISORS
Christopher Hyldahl
Senior Managing Director, Co-Founder
(310) 893-7181
chyldahl@blueprintHCRE.com
Michael Segal
Managing Director
(312) 300-4137
msegal@blueprintHCRE.com