DONE DEAL:
Vacant With a Vision
Blueprint is pleased to announce the successful sale of a vacant 150-bed skilled nursing facility located in Southeast Ohio. Blueprint executed the sale on behalf of a publicly traded REIT and its tenant, a national skilled nursing operator, seeking to completely exit the state.

After recent operational challenges, the asset had been designated a Special Focus Facility by the Centers for Medicare and Medicaid Services. This designation prompted the facility’s closure earlier this year which led to the decision by the REIT and tenant to sell the vacant asset.

Through a highly targeted marketing approach, Blueprint procured an Ohio-based owner-operator with experience taking over troubled facilities. The buyer plans to renovate, rebrand, and reopen the facility prior to the expiration of the bed licenses. Blueprint efficiently navigated all parties through the transaction resulting in a mutually beneficial outcome.

Ben Firestone, Michael Segal, and Connor Doherty facilitated the sale.

LEAD ADVISORS
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com
Michael Segal
Managing Director
312.300.4137
msegal@BlueprintHCRE.com
Connor Doherty
Senior Director
(312) 300-4834
cdoherty@blueprintHCRE.com