Bridgemarks the Spot
Sale of 14 skilled nursing facilities in Illinois and Missouri
Blueprint is pleased to announce the successful portfolio sale of 14 skilled nursing facilities located in Illinois and Missouri. The publicly-traded REIT seller sought to strategically reduce its exposure in these particular markets and conclude its relationship with the respective operators. Blueprint was selected as the exclusive advisor on the transaction for its successful track record completing large portfolio dispositions in the Midwest.
The portfolio was leased to two unaffiliated, Illinois-based operators and is comprised of 1,581 total licensed beds.
The facilities were predominantly in secondary and tertiary markets in Central and Southern Illinois, along with two locations in Missouri.
Several facilities were recently renovated to offer high acuity, short-term rehabilitation care, resulting in a relatively high number of private rooms. Moreover, all facilities are strategically located near primary referral sources.