The sale included Aria Nursing & Rehabilitation, a 110-bed dually-certified skilled nursing facility in Lansing, and Allegra Nursing & Rehab Center, an 82-bed dually-certified skilled nursing facility in Jackson. At the time of sale, both facilities were generating positive cash flow with combined census and quality payor mix above 80% and 30%, respectively.

Abiding by the seller’s preference not to formally market the facilities for sale but rather directly approach a very limited number of pre-selected potential buyers, Blueprint capitalized on its real-time market knowledge and longstanding local relationships to procure a compelling acquisition offer from a larger regional provider. Within several locations in the state and a strong reputation for quality care delivery, the buyer was chosen as the optimal counterparty for this sale.

Upon offer acceptance, Blueprint worked diligently with all parties and respective counsels to proactively navigate and overcome any and all transactional challenges to maximize execution certainty while ensuring a timely closing and smooth transition process.