The seller, a publicly-traded REIT, engaged Blueprint for the disposition assignment following the entrance of newer facilities to the market, resulting in pressure on operational performance in recent years. Blueprint used its extensive relationships and expertise in Tennessee to secure New York-based Luxor Healthcare Group as buyer.

Luxor developed a business plan to reposition the asset and stabilize operations through various marketing initiatives and outreach programs. A long-time co-investor in the skilled nursing space, the Music City adjacent acquisition marks Luxor's first as a solo act. Blueprint worked closely with all parties throughout the process to maximize transaction certainty and ensure a smooth operational transition.