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Castle On The Rock (Not Hill)

Blueprint advises regional developer/owner/operator on the sale of 91-bed skilled nursing facility located in Colorado
Solterra Castle Rock ownership engaged Blueprint to run a comprehensive marketing process on its dually-certified skilled nursing facility, a 1970s-era facility which sits between Denver and Colorado Springs, two affluent submarkets
The facility benefitted from its well-respected and proven Colorado SNF operator who was brought in by ownership in 2016 under a NNN lease structure

Blueprint successfully secured a compelling offer from an out-of-state buyer looking to make a strategic acquisition in Colorado. However, the buyer ultimately decided to withdraw their offer, allowing the existing tenant to pursue the deal by exercising their purchase option at a previously agreed upon price

While the tenant had originally planned to assume the owner’s existing HUD loan at closing, both parties agreed to move forward with an all-cash deal to bring this transaction quickly and efficiently to a close

Amy Sitzman

Giancarlo Riso