Blueprint Brokers Sale of Nine-Facility Skilled Nursing Portfolio for $82M

CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of nine skilled nursing facilities in California, Colorado, Idaho, North Carolina, New Mexico, Rhode Island, Washington and West Virginia.

A publicly traded REIT sold the portfolio for $82 million. The buyer, a private equity investor, entered a new triple-net lease with the existing operator. The transaction is part of a staggered asset sale that will include another four assets following the assumption of HUD debt.

Totaling 981 licensed beds, the portfolio price equates to approximately $83,000 per bed. The capitalization rate was approximately 9 percent.

Blueprint’s Christopher Hyldahl, Ben Firestone, Gideon Orion and Michael Segal handled the transaction.