Illini Restorative Care was built in 1968 and is located on and adjoining the MercyOne Genesis Silvis Medical Center campus. The non-profit community is licensed for 102 skilled nursing beds and 18 sheltered care beds with 30 private rooms and 45 semi-private rooms. With a consistent uptrend in census, the community generated more than $8.0 million in revenue with an approximate 50% quality payor mix.

Through its strategic marketing efforts targeting in-state and out-of-state prospective buyers, Blueprint generated multiple competitive offers. An Illinois-based private investor with a large ownership presence throughout the state was selected as the purchaser along with its in-state operating partner and tenant.

Blueprint worked closely with all parties involved, particularly the joint venture partners and respective counsels, to guide the transaction and ensure a successful closing and smooth operational transition. The purchase price was $5.5 million, which represents approximately $46,000 per licensed bed.