Blueprint’s behavioral healthcare team was engaged by a single-site residential behavioral healthcare provider in its search for a larger facility to meet its growth needs. The operator, a prominent first responder behavioral healthcare provider, acquired a former assisted living community near Park City, Utah, to expand its residential behavioral healthcare treatment capacity. The community was underperforming and primed for conversion given the ideal physical plant layout and substantial bed capacity.
There was a limited geographic scope for relocation given the operator’s need to retain experienced and reputable staff in a lightly populated region. There were also zoning entitlement hurdles, and an extended SBA loan timeline to help achieve the seller’s goals. Shane Harmon, Andrew Sfreddo, Gunnar Raney and Colin Segner handled this off-market transaction.
