Weathering the Storm in the Southeast
Sale of 400+ bed skilled nursing portfolio in Florida and Kentucky

Blueprint executes strategic off-market negotiation with above market terms and closes transaction amid global pandemic

  • Three facilities located in central Florida and one in Kentucky
  • Two- and three-star CMS rated facilities, including one designated as a Special Focus Facility
  • Portfolio operating at a deficit even though census was just over 80% and generating $28.5+ million in consolidated, annualized revenue
  • Blueprint executed a strategic off-market negotiation on behalf of the REIT seller, securing above-market transaction terms and timing at an attractive price point
  • Blueprint kept the buyer and lender engaged to successfully close the transaction on time through mounting operational and regulatory challenges brought on by the COVID-19 crisis
Michael Segal
Senior Managing Director
Trent Gherardini
(312) 300-4153