As investor interest and bidding wars have grown in the skilled nursing industry in the last year, some unusual buyers have emerged to help spur that activity. In a recent Georgia SNF sale, Colquitt Regional Medical Center, a local community-based teaching hospital, submitted the most compelling offer for a 59-bed skilled nursing facility in the town of Moultrie. Blueprint Healthcare Real Estate Advisors’ Michael Segal and Ben Firestone were engaged by the New York-based investment firm seller following the operator’s recent bankruptcy filing.
Upon completing the transaction in early March, the buyer plans to make substantial upgrades to the facility’s patient rooms, common areas, and landscaping. The acquisition also allows the hospital to expand its continuum of care and provide additional services to the local community.
