Blueprint utilizes market knowledge and expertise to close another successful SNF sale
Located along Interstate 94 in Battle Creek, Michigan, Advantage Living Center–Battle Creek is an 82-bed skilled nursing facility built in 1967 and renovated 1985.
The seller elected to pursue an exit of its Battle Creek location as it was an underperforming, geographic outlier for its operations team compared to the owner-operator’s network of facilities in and around metro Detroit.
Blueprint was engaged to run a confidential and efficient sale process, identifying a New York-based acquirer interested in expanding its Midwest presence into Michigan with a new operating partner.
Working closely with all parties to overcome various transaction-related challenges, Blueprint ultimately emerged victorious, successfully closing the transaction upon new operator’s receipt of CON approval.