DAYTON, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of The Oaks of West Kittering, a skilled nursing facility in Dayton. The community was built in 1973 and features 118 licensed beds. A regional owner-operator sold the property as part of its shift to other asset classes. An owner-operator with a presence in Ohio purchased the facility for an undisclosed price. Connor Doherty and Ryan Kelly led the Blueprint team.
COLUMBUS, Ohio — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a seniors housing community in Columbus. The property faced challenges with occupancy and escalating staffing expenditures, which is why the owner sought a sale, according to Blueprint The community, which opened 2001, comprises 125 licensed skilled nursing beds and 32 seniors housing units. The buyer was an owner-operator with an established Ohio healthcare enterprise that sought to expand its footprint in the Columbus MSA and capitalize on the recent Ohio Medicaid reimbursement rate enhancements for both skilled …
CENTER POINT and JONESVILLE, La. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities totaling 244 licensed beds in Center Point and Jonesville. The properties are located approximately 40 miles away from each other and approximately midway between New Orleans and Shreveport in the central part of the state. The seller was CommCare. Omega Healthcare REIT alongside its operator, Venza Care, acquired the assets for an undisclosed price. Brooks Blackmon and Lauren Nagle led the Blueprint team.
DALLAS — Marcus & Millichap (NYSE: MMI) has arranged the sale of a portfolio of eight skilled nursing facilities and one assisted living facility totaling 1,080 licensed beds in the Dallas-Fort Worth Metroplex. “Secured by assumable nonrecourse government agency financing at below-market interest rates, the buyer made a strategic acquisition with built-in financing,” says Nick Stahler, first vice president investments in Marcus & Millichap’s Orange County office. “The portfolio’s occupancy rate at the time of the sale provides significant upside through occupancy growth, improvement of payor mix, and expense control.” …
LANCASTER, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Crestview Rehabilitation, a 180-bed skilled nursing facility in Lancaster, approximately 30 miles southeast of Columbus. The facility is a cornerstone in the Lancaster community for nearly five decades, according to Blueprint, but faced operational challenges exacerbated by the staffing and occupancy struggles that emerged during the pandemic. The buyer was an owner-operator seeking to capitalize on the Ohio Medicaid rate increase implemented in 2023. The seller and price were not disclosed. Connor Doherty and Ryan Kelly led …
VIRGINIA — Capital Funding Group (CFG) has provided a $19.8 million bridge-to-HUD loan to support the acquisition of a 120-bed skilled nursing facility in Virginia. Loan proceeds represented 100 percent of the acquisition and closing costs. Further details were not disclosed. Andrew Jones originated the transaction for Capital Funding Group.
EAU CLAIRE, Wis. — Blueprint Healthcare Real Estate Advisors has arranged the sale of eight Dove Healthcare-owned seniors housing properties in Wisconsin. The portfolio totals 526 beds/units of skilled nursing and assisted living with regional concentration in and around Eau Claire. Five of the eight properties are located within an 11-mile radius and all within an approximate one-hour drive time. The portfolio consists of mostly five-star rated communities located in close proximity to all the major regional hospitals including HSHS Sacred Heart, Marshfield Clinic and Mayo Clinic-Eau Claire acute referral …
BETTENDORF, Iowa — Senior Living Investment Brokerage (SLIB) has arranged the sale of Iowa Masonic, a 79-bed skilled nursing facility and 40-unit independent living community in the Davenport suburb of Bettendorf. The seller was a local nonprofit that sought to sell in order to turn the business over to a company with experience that could ensure the long-term viability of the facility. The buyer was a private owner with additional communities in Iowa. The price was not disclosed. Ryan Saul and Nick Cacciabando of SLIB handled the transaction.
PENNSYLVANIA — Capital Funding Group (CFG) has provided a $9.5 million HUD loan, which refinanced an existing bridge loan executed by CFG. The transaction supported a 173-bed skilled nursing facility in Pennsylvania. Further details on the property and borrower were not disclosed.
SLEEPY EYE and MAPLEWOOD, Minn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two seniors housing communities in Minnesota totaling 338 beds. The two campuses are named Sleepy Eye Care Center and Maplewood Care Center. Maplewood is an eastern suburb of Minneapolis, while Sleepy Eye is approximately 100 miles to the southwest. Sleepy Eye consists of 128 beds and was built in 1972 and 1986. The Maplewood campus consists of 149 beds and 61 units and was built in 1970 and 1995. The properties combined total 194,049 …
