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Blueprint SNF'd It Out
Sale of Two SNFs with 338 beds in Montana
Blueprint navigates HUD assumption and operational transition to close transaction during unprecedented market turmoil
National operator motivated to completely exit the state to focus on other core markets. Both properties encumbered by HUD mortgages that were assumed by the ultimate buyer.
Blueprint worked closely with the HUD lender and all parties through the loan assumption process and assisted in facilitating the operational transition.
The Blueprint team kept all groups focused on a successful close while facing extraordinary headwinds caused by the novel coronavirus public health crisis.
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