Blueprint Healthcare Real Estate Advisors has closed another senior care transaction in the state of Ohio. Connor Doherty, Michael Segal and Ryan Kelly arranged the deal, which consisted of a 61-bed skilled nursing facility in Hicksville, Ohio, about 40 minutes northeast of Fort Wayne, Indiana.
Built in 1966, the facility is the only licensed provider in the area and features mostly semi-private units. Services include post-acute care, respite care, wound care, respiratory and oxygen therapy, adult day care, hospice care, IV therapy and tracheostomy care, among others. There are also extensive on-site services, including a portable x-ray, laboratory work, a pharmacy, a mental health program, optometry, podiatry, dental and audiology.
This was the not-for-profit regional operator’s only location in the state, and the REIT landlord agreed with the tenant to seek an exit. That’s where Blueprint came in to execute confidential negotiations, secure regulatory approvals and close the deal on schedule before surging COVID-19 cases in the Midwest may have caused any delays.