DONE DEAL:
Non-Profit Excellence
Blueprint is pleased to announce the successful sale of Christian Health Center West, a 92-bed skilled nursing facility located in Louisville, Kentucky. Blueprint was carefully selected from several firms through a regimented RFP process posed by the state's largest faith-based, non-profit senior living and long-term care provider. Blueprint differentiated itself through its financial expertise and its sensitivity to the organization's mission.

Located near downtown Louisville in an up-and-coming area, Christian Health Center West benefited from strong occupancy levels as well as being situated near multiple hospitals and other referral sources. With renovations completed between 2011 and 2014, Blueprint featured the facility’s updated fits and finishes to competitively position the offering. Further, Blueprint portrayed an immediate value-add opportunity.

Blueprint’s marketing campaign yielded multiple competing offers from for-profit providers and investors receptive to the proposed path to upside. Blueprint worked actively and expeditiously with the seller, buyer, and incoming operator toward a timely closing and seamless operational transition.

The transaction was handled by Ben Firestone and Michael Segal.

LEAD ADVISORS
Ben Firestone
Senior Managing Director, Founding Partner
(312) 300-4000
bfirestone@blueprintHCRE.com
Michael Segal
Managing Director
(312) 300-4137
msegal@blueprintHCRE.com