DONE DEAL:
Riverside Convalescent Hospital
Riverside Convalescent Hospital
Blueprint sincerely congratulates Christopher Hyldahl on the successful closing of Riverside Convalescent Hospital, a 99-bed SNF located in Chico, California. The transaction entailed an all-cash closing for a price of $7,000,000, or $70,707 per bed.
Chris took the deal to 10 buyers and procured 7 offers ranging from $5,750,000 – $7,300,000. In the end Shlomo Rechnitz ended up winning the deal at $7,000,000, cash, with $3,000,000 going non-refundable straight away. Chris marketed the deal for 21 days and closed the deal 17 days thereafter under a MOTA agreement.
Chris was referred this deal by a reputable appraiser in the industry.
Supporting Chris on this transaction was Kayla Kuhn, Ryan Chase and Mike Segal.
LEAD ADVISORS
Christopher Hyldahl