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Local Team Fills Void in STL

Sale of 147-bed skilled nursing facility in St. Louis suburb of Des Peres
Blueprint is pleased to announce the successful lease structuring of The Quarters of Des Peres, a 147-bed skilled nursing facility located in the affluent St. Louis suburb of Des Peres.
While the facility was generating in excess of $10,400,000 in total revenue on a trailing basis, a recent repositioning of operations paved the way for a transition.

The landlord is a prominent private equity fund based in Dallas, and Blueprint procured St. Louis-based MGM Healthcare as the lessee.

MGM is a provider of rehabilitation, skilled nursing, long-term care, assisted living and independent living currently operating 30 facilities in five Midwestern states.

Blueprint recommended MGM as a natural fit to operate the facility given its corporate headquarters being located less than ten miles from the subject property and its recent growth and reputation for providing excellent care.

Ben Firestone

Jacob Gehl