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MISSISSIPPI — Blueprint Healthcare Real Estate Advisors has brokered the sale of a three-property, 340-bed skilled nursing portfolio located throughout Mississippi.
The seller was New York-based investment firm seeking to divest the properties following the operator filing for bankruptcy. The buyer was DAC Acquisitions, which recently acquired Diversicare, a Tennessee-based regional operator. The price and locations were not disclosed.
Overall census had declined throughout the ongoing pandemic and leveled out in late 2021 around 70 percent, but the facilities continued to generate positive EBITDAR, according to Blueprint.