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MELROSE, Mass. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Wingate at Melrose, an 82-bed skilled nursing facility located in the Boston suburb of Melrose, for $3.6 million.
Prior to the sale, and with the approval of the owner, the operator elected to shut down the facility and move all residents to another property to consolidate regional operations.
The buyer was a regional hospital system seeking to expand. Steve Thomes was the lead advisor on the transaction.