This covers all seniors housing and care transactions handled by Blueprint Healthcare Real Estate Advisors.
A publicly traded REIT decided to exit a number of secondary and tertiary markets in Illinois and Missouri, hiring Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors to get the job done. The portfolio featured 1,581 total licensed beds in 14 skilled nursing facilities, with 12 located in central and southern Illinois […]
Kentucky’s largest not-for-profit senior living and long-term care provider, Christian Care Communities, worked with Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors to sell its 92-bed skilled nursing facility in Louisville. Ideally located near multiple hospitals and other referral sources, the facility was originally built in 1962, but was recently renovated in […]
Just as the horses were coming into the stretch at the Derby last Saturday, Blueprint Healthcare Real Estate Advisors was closing on the sale of two skilled nursing facilities in Kentucky. They were built in 1993 and 1999, and one of the facilities underwent a $1.7 million renovation in 2014. Combined occupancy was 80% with revenues of $10 million. The sales price […]
Blueprint Healthcare Real Estate Advisors continues to impress in 2018, having just closed two more transactions to bring its yearly total to 21 deals announced, so far. Gideon Orion and Chris Hyldahl of Blueprint Healthcare Real Estate Advisors served up a South Texas sale in the town of Robstown, just outside of Corpus Christi. The […]
Illinois is often cited as a state in which skilled nursing owners and operators do not want to do business in. Its uncertain reimbursement market and fiscal situation make for a risky investment, particularly outside of the more densely populated, higher income Chicagoland. That was the impetus for an owner/operator to sell its two Illinois […]
Representing a REIT owner in a strategic non-core divestment, Michael Segal and Ben Firestone of Blueprint Healthcare Real Estate Advisors sold a Philly-area skilled nursing facility for an undisclosed price. The transaction was remarkably similar to another deal that Messrs. Segal and Firestone closed earlier this month. That deal featured a 180-bed SNF in the […]
No residents? No problem for Amy Sitzman of Blueprint Healthcare Real Estate Advisors, who recently sold two vacant assisted living communities in Arizona for an undisclosed price. These were not recent vacancies, however, that the incoming owner can just open the doors and get along with business as usual. One asset, located in Peoria with […]
Blueprint Healthcare Real Estate Advisors didn’t have to go far to close its next portfolio deal. Michael Segal and Ben Firestone worked together out of the firm’s Chicago headquarters to sell three skilled nursing facilities in central Illinois. Totaling over 450 licensed beds, the portfolio was operating slightly above breakeven, with occupancy in the mid-80s. […]
After launching its senior care lending division and hiring Adam Sherman (most recently of Blueprint Healthcare Real Estate Advisors and before that of RED Capital Group) as the new division’s industry expert late last year, Live Oak Bank just provided its first loan to a seniors housing property. The bank (the second-largest SBA lender in […]
On Thursday, February 15, our Editor Steve Monroe moderated a 90-minute webinar titled “Will New Records Be Set? The Numbers, the Deals, the Stats on all Seniors Housing and Care M&A,” with a panel of experts to discuss the 2017 seniors housing and care M&A market, with pricing statistics from our upcoming Senior Care Acquisition […]