At the request of ownership, Blueprint conducted a concise and timely marketing campaign approaching the most aggressive qualified purchasers seeking to grow in the Tampa MSA. The Seller created and ultimately unlocked significant value by successfully turning around a cash-flow negative nursing facility in Eagle Lake. At the time of sale, overall occupancy was stabilized around 90%, and cash flow was trending positively. Blueprint procured an emerging regional owner/operator looking to expand its presence on Florida’s west coast.

The purchase price was $4,900,000, or approximately $83,000 per bed.

Trent M. Gherardini successfully executed this transaction.