DONE DEAL:
In the Know in Ohio
Sale of 150-bed SNF near Youngstown, Ohio

Blueprint leverages extensive knowledge of Ohio investors to drive value and close another transaction during the Covid-19 pandemic

  • The facility is located in Northeast Ohio in the Youngstown MSA
  • Turnover in key leadership positions had recently caused occupancy to decline
  • Blueprint positioned the property as a value-add opportunity and laid a path to additional upside by delicensing beds to create more private rooms
  • Blueprint conducted a targeted campaign leveraging its vast knowledge of active investors in the local market
  • The process maximized the trade for the seller by yielding four competitive offers from regional owner-operators
  • The selected buyer is a well-capitalized owner-operator actively expanding in the Midwest
  • Blueprint’s collaborative team and agile platform allowed for the successful close even with the challenges and uncertainty caused by the COVID-19 pandemic
LEAD ADVISORS
Connor Doherty
Senior Director
(312) 300-4834
cdoherty@blueprintHCRE.com
Ryan Kelly
Associate
312.573.5588
rkelly@blueprintHCRE.com
Christopher Hyldahl
Executive Managing Director & Co-Founder
310.893.7181
chyldahl@blueprintHCRE.com
Gideon Orion
Managing Director
310.893.7183
gorion@BlueprintHCRE.com