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Blueprint capitalized on recent Missouri sale activity to execute another effective transaction
Located in the greater Kansas City MSA, Meadow View of Harrisonville Health & Rehabilitation and Riverbend Heights Health & Rehabilitation consist of 280 total licensed beds and were built in the 1970’s. Following a tenant transition in 2018 facilitated by Blueprint for the REIT owner, specific targeted capital improvement projects were completed, and operational performance improved as a result
With the improved census and cash flow, the REIT and operator decided to reengage Blueprint to handle the sale as Blueprint recently completed another successful transaction between all parties in central Missouri, in addition to another Blueprint portfolio sale in 4Q 2021 that included the local competitor in Harrisonville
Blueprint tactfully approached the buyer, Beacon Healthcare Group, and quickly procured a compelling offer to acquire the facilities. Working actively with buyer and seller as well as the operators throughout the entire process including the transition, the transaction was successfully closed, furthering Blueprint's extensive skilled nursing sale track record in Missouri
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