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Hit Pinellas out of the Park
Sale of 120-bed skilled nursing facility near Tampa, Florida
Blueprint is pleased to announce the successful sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility located outside of Tampa, Florida, on behalf of its client, a publicly-traded REIT.
Built in 1983 and renovated in 2009, the facility was well maintained and located in a highly desirable market just a few blocks from a major hospital.
At the time of sale, however, the property was experiencing operational challenges related to census and escalating liability insurance costs.
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