TEXARKANA, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of Christian Care Center of Texarkana, a 114-bed skilled nursing facility in Texarkana.
A public REIT sold the property to a regional provider for an undisclosed sum.
Originally constructed in 1972, Christian Care Center of Texarkana was designed with three resident wings to offer rehabilitation, skilled nursing, cognitive care and long-term care. In recent years, overall census and quality mix declined, leading the operator to temporarily close one of the resident wings for efficiency and expense management purposes.
Blueprint positioned the offering as a value-add opportunity for an incoming operator to reopen the closed wing and restore stable census levels.
Gideon Orion and Michael Segal of Blueprint facilitated the sale.