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Similar to the recent sale of Bayview Manor in Beaufort, South Carolina, the Bennettsville facility was constructed in several phases beginning in 1958 and featured predominantly semi-private rooms
The facility had demonstrated the unique ability to maintain strong occupancy throughout the COVID-19 pandemic with census exceeding 93% in 2019 and through 2021
Blueprint was hired to run a confidential marketing process aimed at maximizing value. Blueprint highlighted the opportunity to acquire a well performing facility with readily attainable upside to incoming investors and operators seeking to expand upon an existing geographic footprint, or enter into the increasingly attractive South Carolina market
By leveraging its knowledge of the most active skilled nursing acquirers in South Carolina, Blueprint successfully procured eight competitive written offers, and recommended the REIT move forward with an East Coast based owner-operator with a significant existing presence in the State
Blueprint was diligent in its involvement throughout the transaction to ensure a smooth and successful closing for all parties involved
On the day of closing, surveyors at the community delayed closing by one month while survey results were pending. Though no major issues arose from the survey, Blueprint remained diligent in its involvement throughout the transaction to ensure a smooth and successful closing for all parties involved
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