Located in Defiance County, 40 minutes northeast of Fort Wayne, Indiana, Hickory Creek at Hicksville is a 61-bed skilled nursing facility built in 1966.

A staple in the community, the facility is the only licensed provider in the area and features mostly semi-private room accommodations.

Representing the non-profit regional operator’s only location in the state, the REIT landlord and its tenant sought an exit and agreed to engage Blueprint for its unmatched knowledge of the marketplace.

Blueprint executed the confidential off-market negotiations in less than two weeks, securing attractive transaction terms and timing beyond the seller’s expectations.

While COVID-19 was surging again in the Midwest, Blueprint proactively managed all parties to expeditiously finalize contract negotiations and secure all necessary regulatory approvals to close the transaction as scheduled.