Kyle Hallion and Ben Firestone of Blueprint were engaged to sell a 54-bed skilled nursing facility located 45 minutes northwest of the Lexington, Kentucky MSA, and successfully closed the deal on May 1, approximately 30 days prior to contractual closing.
The facility offered a track record of strong occupancy with clear revenue upside via CMI improvement and expense controls through operational efficiencies. Kentucky also completed Medicaid rebasing in July 2024 that made the state more attractive to incoming owners. So, following the rebasing, Blueprint targeted regionally focused investors and generated seven written LOIs.
The winning bidder, a New York-based owner/operator with a significant in-state presence, closed on the acquisition May 1, 2025, at a price point that exceeded the seller’s internal expectations.
