Blueprint Healthcare announces sale of SNFs for $82M
Blueprint Healthcare Real Estate Advisors negotiated the sale of 18 skilled nursing facilities for $82 million, the company announced in April.
The buyer was Cascade Capital Ground, and the seller was an owner-operator who wanted to exit the Midwest region.
Nine facilities are in Kansas, six in Missouri, two in Iowa and one in Nebraska, although specific names and locations were not disclosed.
The portfolio of 1,843 total beds generated around $110 million in revenue at the time of sale, the firm said.
Ben Firestone, Christopher Hyldahl and Michael Segal of Blueprint structured the transaction, the firm said.