top of page
Selectis Health, Inc. (OTCMKTS: GBCS), a Colorado-based publicly traded corporation and owner/operator of senior care facilities across multiple states, engaged Blueprint to advise on the sale of its remaining two skilled nursing and long-term care facilities in central Georgia.
Located under 30 miles apart in Abbeville and Eastman, Glen Eagle Healthcare and Rehab and Eastman Healthcare & Rehab combined for a licensed capacity of 201 total beds. The buildings were initially constructed around 1960, but have been upgraded with certain recently completed physical plant improvements. The facilities have limited local competition and are well-established within the respective local communities.
Following the successful Q1 sale of Providence of Sparta Health and Rehab and Warrenton Health and Rehab, Blueprint continued to work closely with Selectis Health, Inc. and assisted in the negotiation with the acquirer for the subsequent sale of Glen Eagle and Eastman. Aligning all parties to proceed in earnest, the sale transaction (once again) closed in less than 90 days following offer acceptance. The purchase price was $15,700,000 or approximately $78,000 per licensed bed.
bottom of page