Sooner the Better
Blueprint advises private investor for the divestiture of Oklahoma skilled nursing portfolio
Birchwood Healthcare Partners, a Chicago-based private investor and owner/operator, selected Blueprint to advise and oversee the strategic sale of its skilled nursing portfolio located in eastern Oklahoma
The 7-facility portfolio consists of 561 total licensed skilled nursing beds providing immediate scale and operating infrastructure. The regionally clustered portfolio also benefited from the recent Medicaid rate increases and steady census rebounds
Showcasing attractive assumable HUD debt on select facilities, proof of concept and improved performance tracking towards historical highs, and generally close geographic proximity for operating efficiencies, Blueprint's thorough process generated multiple competing offers and rounds of bidding. The seller selected a familiar Missouri-based provider as the ultimate buyer, advancing its strategic expansion in the state
Blueprint was closely involved throughout the entire transaction process, navigating the transaction through irregular market conditions and headwinds, to successfully effectuate bifurcated closings upon final HUD approval for the loan assumptions
