DONE DEAL:
Riding into Sunset
Sale of 167-bed skilled nursing facility near St. Louis, Missouri

Blueprint runs highly targeted campaign and facilitates debt with HHC Finance

  • Facility located in an affluent southwestern suburb and underwent $1.2 million renovation in 2015
  • Despite renovation, census and cash flow steadily declined year-over-year
  • Facility had long history of various REIT ownership and was considered a strategic asset disposition to support operator’s motivation to exit the state
  • Blueprint sourced an East Coast owner-operator with a growing presence in the St. Louis area as the buyer
  • Blueprint negotiated and successfully closed the transaction with HHC Finance sourcing the acquisition debt
LEAD ADVISORS
Michael Segal
Managing Director
312.300.4137
msegal@BlueprintHCRE.com
Gideon Orion
Managing Director
310.893.7183
gorion@BlueprintHCRE.com