Mass. SNF Commands Premium
Sale of 123-bed post-acute facility in Boston
Blueprint is pleased to announce the successful sale of a 123-bed post-acute facility located in an extremely affluent submarket north of Boston, Massachusetts. At the time of sale, the facility was 94% occupied and boasted a quality revenue mix in excess of 45%. The high-quality asset yielded a strong price with a per bed valuation near the top of available comparable sales data.
The seller was a partnership with significant operating experience and ties to the industry within the Boston region, and it desired to keep the marketing of the facility private and concise.
Blueprint's intimate knowledge of the Massachusetts market enabled a controlled process targeting only an exclusive and qualified audience on the offering.
Ownership was presented several viable options, yet one acquirer differentiated itself having demonstrated a perfect blend of purchase price, operating history, and certainty of executing the transaction.
This acquirer was a regional owner operator with a growing presence in the region.