OHIO — Blueprint Healthcare Real Estate Advisors has arranged the sale of a five-property skilled nursing portfolio located in Northeast Ohio for $45 million.
A partnership between a publicly traded REIT and a national operator sold the properties as part of a strategy to sell non-core assets. The buyers were a growing regional operator and its East Coast-based equity partner.
The specific names and locations of the properties were not disclosed. Although the number of units in the portfolio was not released, the per-bed cost of $62,000 equates to approximately 726 beds.
Connor Doherty, Michael Segal, and Ben Firestone led the transaction for Blueprint.