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Blueprint's Famous Kentucky Fried SNF'n

Sale of 10 skilled nursing facilities in Kentucky
Blueprint is pleased to announce the successful sale of 10 skilled nursing facilities in Kentucky. Executing the portfolio transaction on behalf of a publicly traded REIT, Blueprint facilitated the final phase of the complete state exit for the operator as part of its portfolio management strategy.
Having a strong presence in the Bluegrass State for a quarter century, the operator maintained a longstanding reputation for its commitment to providing high quality care to the patients and residents its dedicated staff served.

Located throughout the state, from suburban Louisville and Lexington submarkets, to more rural areas in Eastern Kentucky, the portfolio consisted of over 900 total beds (885 licensed skilled nursing beds) and collectively generated positive cash flow with average census levels approaching 90%.

The seller engaged Blueprint to facilitate the sale for its successful track record executing Kentucky skilled nursing transactions, in light of heightened regulatory and liability risks facing in-state healthcare providers.

Michael Segal

Ben Firestone