Blueprint’s keen awareness of its prospective purchaser’s tastes in terms of geography and payor mix set the table for a mutually beneficial transaction. The asset was sweetly served up as a value play with significant upside, and the positively-trending occupancy and EBITDAR as the transaction advanced was icing on the cake.
The purchase price was $5,425,000, or approximately $48,000 per unit.
Jacob Gehl and Ben Firestone were the lead advisors on this transaction.