A Tale of Two SNFs
Sales of two skilled nursing facilities in New Mexico
Blueprint is pleased to announce the successful sales of two skilled nursing facilities in New Mexico, both on behalf of a publicly-traded REIT.
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.