A highly selective and confidential marketing campaign positioned the asset as a value-add play in which an operator with synergies in the region and local market could unlock substantial value.

At the outset of marketing, trailing twelve-month operational performance yielded $5,950,000 in Total Revenue with overall occupancy at 56%.

The outgoing operator took over the building at a time of operational challenges, but was able to change course towards regulatory compliance and improved operational performance.

Blueprint ran a competitive bidding process which resulted in multiple offers from qualified regional and national players.

A reputable New York based healthcare real estate investor emerged as the high bidder, and will be leasing the facility to a prominent regional operator with an existing footprint in Colorado.