TLC Management Portfolio
Blueprint is pleased to announce the successful closing of a three-property portfolio of skilled nursing facilities located in northwest Indiana. Each facility is synergistically located within a thirty-minute drive from one another.

The facilities were constructed in 1977, 1983 and 1984, and consist of 389 total beds (including 16 assisted living beds).  The properties were all under a master lease with an Indiana-based, 156-bed hospital which qualified them to receive an increased ‘UPL’ service revenue, affording both the Hospital and Manager an increased bottom line.

The subject was owned and managed by a reputable Indiana-based company and sold to a Chicago-based family.  Purchase price was $17,000,000, or $43,701 per bed.

Christopher Hyldahl, a Managing Director of Blueprint, confidentially approached eleven strategic buyers, which resulted in five probable offers to purchase the portfolio. The marketing process took thirty days from commencement to contract.

Christopher Hyldahl
Executive Managing Director & Co-Founder