Amy Sitzman and Giancarlo Riso of Blueprint Healthcare Real Estate Advisors were tasked with finding a new tenant for a portfolio of 12 skilled nursing facilities in Utah that were under contract to be sold. Their owner, a Utah-based owner/operator, was in the process of executing on a strategic firm-wide recapitalization, hence the portfolio sale, which included a total of 1,275 licensed beds.
Blueprint launched a strategic process on behalf of its long-standing client that resulted in the identification of a Nevada-based operator which had strong interest in leasing the portfolio from the future buyer.
