Citing a desire to exit this asset, the established owner selected Blueprint for its unmatched market knowledge and ability to structure a deal maximizing pricing, despite the currently low Medicaid reimbursement rate and struggling occupancy at the asset.

Blueprint leveraged its existing network of active investors and discreetly structured an off-market lease with a purchase option with an acquirer seeking to expand its presence in northeast Ohio. The structure protected ownership’s downside while granting the incoming operator, and eventual purchaser, operational runway to access debt by stabilizing operations.

Blueprint actively guided the transaction through the contracting, diligence, transition, and closing process. This closing marks over 200 total transactions and $2.2B of transaction volume for the team of Connor Doherty and Ryan Kelly since 2014.