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FLORIDA — Blueprint Healthcare Real Estate Advisors has negotiated the sale of 18 skilled nursing facilities totaling 2,185 licensed beds in Florida.
A public REIT sold the assets to an East Coast-based investor for an undisclosed price.
The facilities range from 60 to 180 licensed beds with geographic clusters in South Florida, along the Gulf Coast and across North Florida. During the marketing process, the portfolio maintained an average 3.5 CMS-star rating, with 10 facilities rated four or five stars.
Blueprint designed a targeted campaign highlighting the impact of Florida’s recent approval of a 7.8 percent Medicaid rate increase.