Symphony of Crestwood is a multistory facility built in 1974 and is the largest long-term care facility by licensed capacity in the area. Blueprint showcased extensive physical plant renovations and recent upgrades that led to upward-trending revenues. Blueprint’s offering further illustrated the improving quality payor mix resulting from growing specialty care programs including cardiac care, tracheostomy care, secure dementia care, and on-site dialysis, as well as a commercial lease at the property. Blueprint’s marketing efforts yielded a competitive bidding environment among several well-established healthcare investors seeking to expand in Chicagoland.
The transaction was handled by Ben Firestone and Michael Segal.