Originated while at Marcus & Millichap, Jacob worked cooperatively and managed to negotiate a list-side commission arrangement as the Golden Living relationship was previously shared. The purchase price was $19.8 Million which represented approximately $40,000 per bed. The client, Golden Living is a national owner-operator of SNFs, and the buyer was a NY-based private investor and operator.
Supporting Jacob on this transaction was Ben Firestone and Mike Segal. This transaction closed in January and represented Blueprint’s 2nd closing of 2014.