Exclusively engaged to run the sale process in the highly sought-after Maryland market, Blueprint’s targeted marketing campaign yielded multiple qualified offers. Blueprint and the seller ultimately selected to transact with an experienced skilled nursing investor and operator seeking to continue to grow presence in the state. The pricing and structure allowed the seller to realize maximum asset value as well as an efficient process to closing. Blueprint worked diligently with all parties throughout the closing process to proactively address and resolve matters head-on to complete the transaction.
The purchase price translated to $6 million or approximately $100,000 per licensed bed.
The transaction was handled by Steve Thomes and Joshua Salzman.