DONE DEAL:
Toledo Takeover
Blueprint is pleased to announce the successful re-tenancy of a 150-bed skilled nursing facility near Toledo, Ohio. Blueprint ran the process on behalf of a New York-based investment management firm with focus in the long-term care industry.

Blueprint leveraged its extensive understanding of the asset and its operational needs to develop a targeted marketing strategy. The process ultimately resulted in a multi-year, NNN lease with an experienced, creditworthy operator that plans to execute a purchase option by 2021.

Blueprint facilitated an expedited change of operator process that took less than 60 days from LOI to transition date. Key to the successful transaction was Blueprint’s expert navigation of the nuances of Ohio’s Medicaid reimbursement environment- resulting in a roughly $23 increase to the facility’s per patient day rate.

Gideon Orion, Conner Doherty, and Ryan Kelly were the lead advisors on the transaction.

LEAD ADVISORS
Gideon Orion
Managing Director
310.893.7183
gorion@BlueprintHCRE.com
Connor Doherty
Senior Director
(312) 300-4834
cdoherty@blueprintHCRE.com
Ryan Kelly
Associate
312.573.5588
rkelly@blueprintHCRE.com