Initially looking to wind down its tenant’s presence in the Southwest, Blueprint was engaged by the seller to divest of Paloma Blanca, a 119-bed skilled nursing facility in Albuquerque.

Situated in a desirable location with proximity to several hospitals, the property had been well-maintained since it was built in stages throughout the 1970s and early 1980s.

Operationally, however, the asset encountered several challenges. Blueprint’s marketing campaign focused on sourcing prospective operators able to unlock value through an operational turnaround.