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KENTUCKY — Blueprint Healthcare Real Estate Advisors has arrange the sale of 10 skilled nursing facilities in Kentucky. The specific properties and sales price were not disclosed.
A publicly traded REIT sold the 885-licensed-bed portfolio as part of a plan to exit the Kentucky market. An out-of-state investor with a growing Midwest platform was the buyer.
Housing & Healthcare Finance LLC sourced the bridge financing on behalf of the buyer. The properties maintained an average occupancy above 90 percent.
Ben Firestone and Michael Segal led the transaction for Blueprint.