Blueprint Brokers $50M Sale of 296-bed Skilled Nursing Facility in Washington, D.C.

WASHINGTON — Blueprint Healthcare Real Estate Advisors has brokered the sale of Deanwood Rehab and Wellness Center, a 296-bed skilled nursing facility in Washington, for $50 million.

A public, non-traded REIT purchased the property from the unidentified, New York-based seller in a sale-leaseback transaction.

Deanwood was 95 percent occupied at the time of sale with $33.5 million and $7.5 million in annual total revenue and EBITDAR, respectively. The sales price equates to $168,919 per bed, a record high for skilled nursing facility sales in Washington D.C., according to Blueprint

Christopher Hyldahl, Tim Cobb and Steve Thomes of Blueprint executed the transaction.