Built in the early 2000s with a significant renovation project completed in 2022, the facility is certified by CMS for Medicare only, providing excellent post-acute rehab and skilled nursing services in the affluent west Philadelphia suburb; following the completion of the renovation project, census continuously climbed towards stabilization

The incumbent operator was a seniors housing-focused manager also providing lower acuity senior care services on the adjacent campus; thus Blueprint leveraged its deep knowledge of the skilled nursing landscape on the East Coast to target skilled nursing-focused owners and operators most likely to find exceptional value in this acquisition opportunity

After conducting a direct marketing campaign to operators and investors with existing footprints, both within Philadelphia and surrounding markets, Blueprint procured multiple compelling offers from regional owner-operators seeking strategic expansion in the region

Ultimately, Blueprint’s process generated a hyper-competitive bidding environment amongst two reputable providers in the market which drove considerable upward pressure on the purchase price