HUNTINGTON, W.V. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Madison Park Healthcare, a skilled nursing and assisted living community in Huntington.
Birchwood Healthcare Partners, an investment firm with a primary focus on seniors housing and nursing home investments, was the seller. A publicly traded REIT acquired the property for an undisclosed price.
Located along the banks of the Ohio River, Madison Park is near several hospitals in both West Virginia and Kentucky. Originally constructed in 1924 and significantly updated in 2008, Madison Park’s operator benefitted from attractive senior demographics in the area.
Blueprint’s Steve Thomes, Ben Firestone and Michael Segal handled the transaction.