DANVERS, Mass. — Blueprint Healthcare Real Estate Advisors has arranged a new operator for Hathorne Hill, a skilled nursing facility in the Boston suburb of Danvers.
Blueprint was engaged by both the developer landlord and existing tenant to secure a new operator and lease arrangement.
Located across the street from Beverly Hospital at Danvers and within close proximity to several other referral sources in this densely populated suburb, the facility was constructed in 2012 and is the newest skilled nursing facility serving the local submarket. The facility’s census quickly rebounded from the pandemic reaching stabilization with an impressive quality payor mix.
The property owner ultimately selected a growing East Coast-based operator given its recent expansion into Massachusetts with its first acquisition in the state earlier this year.