OHIO — Blueprint Healthcare Real Estate Advisors has arranged the sale of a vacant, 150-bed skilled nursing facility located in Southeast Ohio. The exact name and location were not disclosed.
A publicly traded REIT and its tenant, a national skilled nursing operator, sought to completely exit the state. The property has been closed for a year, following its designation as a Special Focus Facility by the Centers for Medicare and Medicaid Services.
An Ohio-based owner-operator with experience taking over troubled facilities acquired the property for an undisclosed price. The buyer plans to renovate, rebrand and reopen the facility prior to the expiration of the bed licenses.
Ben Firestone, Michael Segal and Connor Doherty of Blueprint facilitated the sale.