DONE DEAL:
Upside in Plain View
Blueprint is pleased to announce the sale of Kenwood View Health and Rehabilitation Center, an 82-licensed bed skilled nursing facility located in Salina, Kansas. Blueprint successfully executed the sales process on behalf of a publicly-traded REIT and a national operator seeking to exit the region.

Looking to focus on its core geography east of the Mississippi, Blueprint was engaged to assist in the sale of the Florida-based operator’s only Kansas location. Kenwood View is a CMS Five-Star rated facility with a strong reputation in the local community and quality payor mix. Because of its outlier location relative to the operator’s geographic footprint, however, it lacked regional support and performance levels were nearly break-even.

Through a widespread marketing approach targeting both investors and operators, Blueprint focused on the facility’s quality rating and reputation with the opportunity to streamline labor expenses while maintaining census mix to steadily improve operational cash flow. Blueprint ultimately identified a buyer in growing owner-operator Plainview.

The transaction was facilitated by Michael Segal and Ben Firestone.

LEAD ADVISORS
Michael Segal
Managing Director
(312) 300-4137
msegal@blueprintHCRE.com
Ben Firestone
Senior Managing Director, Founding Partner
(312) 300-4000
bfirestone@blueprintHCRE.com