Blueprint closes another New England skilled nursing sale as market leading transactional activity continues

• Located 30 minutes apart in Leominster and Gardner, Keystone Center and Wachusett Manor are licensed for 106 and 96 beds, respectively. The facilities are well-maintained and rated as 5-stars and 4-stars overall by the CMS.
• Acquired as part of a larger portfolio transaction in 2016, the private equity owner and its operator partner decided to pursue a strategic exit and engage Blueprint.
• Blueprint’s direct marketing process quickly identified a qualified in-state ownership group and its operating partner with a strong desire to expand in the north central region of Massachusetts.
• While the transaction was structured prior to the onset of the COVID-19 pandemic, Blueprint worked collaboratively with all groups to keep it on course and successfully close upon receipt of licensure and change of ownership approval without adjustment or delay.