Short and Sweet
Sale of a 108-bed skilled nursing facility in Dayton, Ohio

Blueprint provides tailored solution to non-profit seller to deliver optimal transaction execution in Ohio

  • Blueprint was retained by the non-profit seller to formulate an exit strategy and determined the fair market of the asset was less than the HUD loan obligations, advising a short sale process as the best course of action
  • The well-maintained community was built in 1975 and had recently struggled with survey issues and financial insolvency
  • Blueprint positioned the offering as a value-add opportunity, identifying distinct upside in several achievable cost control measures for an incoming operator
  • Utilizing its broad network of market participants, Blueprint engaged capital providers, operators, attorneys, lenders, and HUD contacts to effectuate short sale approval over a six-month period
  • Blueprint identified a private equity owner-operator as the optimal buyer for its ability to execute OTA/APA prior to HUD approval and close all-cash
  • Blueprint’s process led to a successful outcome for all parties involved and closing in under 25 days following HUD approval
Connor Doherty
Managing Director
(312) 300-4834
Ryan Kelly