Blueprint has been adding to our record-breaking October M&A haul, announcing a couple of closings in the last week. First, Kyle Hallion handled another sale in his home state of Kentucky, this time on behalf of a local family owner/operator with deep ties to this asset’s local market. The senior care facility features 64 skilled nursing beds and 29 assisted living units in Lebanon, Kentucky, and it was the family’s final facility in the state.
The Villages of Lebanon, located approximately 1.5 hours south of Louisville, benefited from favorable Medicaid reimbursement tailwinds. The facility realized strong per-diem rate increases following Kentucky’s July 1, 2024, rebasing, further enhancing operational performance and market appeal. Sellers have been capitalizing on the change throughout 2025, commanding premiums on their facilities.
Multiple competitive offers were generated by the marketing process, and the selected buyer was an experienced owner/operator group with existing ties to the region. Despite a brief lender-driven closing delay, the transaction successfully crossed the finish line at the end of September 2025.
Switching gears, Blueprint’s Behavioral Healthcare team helped close the sale of a vacant skilled nursing facility in Fort Collins, Colorado. Although newly built with high-end finishes, the facility was not performing well before its private real estate investment group owner decided to close the doors. After a brief vacancy, Blueprint’s Seniors Housing team featuring Amy Sitzman and Giancarlo Riso and its Behavioral Healthcare team consisting of Andrew Sfreddo, Shane Harmon and Colin Segner collaborated to deploy a dual-path marketing strategy, targeting both traditional post-acute buyers and emerging behavioral healthcare operators seeking market expansion opportunities in Colorado.
The facility’s favorable building layout and attractive reimbursement landscape made it a prime conversion candidate for a residential substance use disorder treatment facility, but multiple qualified purchase offers were procured from both seniors and behavioral healthcare investors and providers. With two distinct behavioral offers exceeding the seniors offers, ownership elected to further evaluate the behavioral healthcare buyers and ultimately selected an owner/operator that Blueprint has closed with previously.
Blueprint helped facilitate a smooth transaction process, assisting both parties in navigating behavioral healthcare zoning and licensing considerations unique to Colorado’s regulatory environment. And the seller walks away with higher proceeds for its vacant facility, which appears to be The Suites at Fort Collins. Not a bad deal.
