DONE DEAL:
KC Masterlease
Lease of 140-bed skilled nursing facility in Liberty, Missouri

Blueprint negotiates strategic lease transaction and executes seamless operational transition

  • Ashton Court Care and Rehabilitation Centre is located near Kansas City and was the operator’s only location in the state
  • The operator sought an exit from the state to focus on other core markets, however previous efforts proved ineffective
  • Census levels were relatively steady with near-stable cash flow but facility-level rent coverage was limited
  • Blueprint tactfully negotiated the operator transition to the new tenant, securing attractive lease terms on behalf of the REIT landlord
  • This is the third lease transaction, representing 15 total facilities, that Blueprint completed with the incoming operator in the state, furthering the operator’s strategic expansion in Missouri
LEAD ADVISORS
Michael Segal
Managing Director
312.300.4137
msegal@BlueprintHCRE.com
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com