DELAND, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of University Center East and University Center West, two skilled nursing facilities in DeLand, approximately 40 miles north of Orlando.
The properties are located less than three miles from each other and featured a stabilized occupancy around 90 percent.
Deemed non-core assets by both the operator and seller, a publicly traded REIT, the properties were marketed as a value-add opportunity. An owner-operator specializing in turnarounds acquired the properties. The price was not disclosed.
Ben Firestone, Michael Segal and Trent Gherardini of Blueprint handled the transaction.