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 networks

During the due diligence period, the portfolio benefitted from significant statewide Medicaid reimbursement rate enhancements in Wisconsin, which were effective July 1st, 2023. Additionally, October 1st, 2022, rate increases across all portfolio private pay RCAC/CBRF residents ranged from 8% to 15%, generating further revenue upside for the acquirer which further bolstered the ability to attain attractive financing terms

Blueprint actively managed the offering and focused exclusively on highly reputable acquirers with a clear focus on the State of Wisconsin, ultimately bringing in five LOIs. The acquirer, a Wisconsin-focused owner-operator, is inheriting a top-tier management platform poised to continue a tradition of excellent care in the region

The transaction closed on January 2nd, 2024

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"I chose Blueprint for two reasons, the number of transactions they have closed and because they truly listened to my needs and objectives. Throughout the six-month process, the communication from Steve Thomes and the Blueprint team was excellent.

They put together an excellent offering package after they listened to us to explain the nuances of the "Dove Way" of our operations. We worked together to highlight the positive rates in WI, the strength of our teams and leadership, and other important items which they then included along with documentation.

Things always come up and this transaction was no different. Regardless, Blueprint worked with both buyer and seller to bring the sale to completion."
- Tommy Davidson | Dove Healthcare