This covers all seniors housing and care transactions handled by Blueprint Healthcare Real Estate Advisors.
Nearly a year on from its departure from RED Capital Group, the Kathryn Burton Gray-led team at Hunt Real Estate Capital closed a $7.0 million bridge loan to fund the acquisition of a 44-unit memory care community in Phoenix, Arizona. Brady Johnson originated the deal, with help from Ms. Burton Gray and Michael Jones, working […]
Coming off an incredibly strong 2018 in M&A (particularly on the skilled nursing side), Jacob Gehl and Scott Frazier of Blueprint Healthcare Real Estate Advisors announced an assisted living sale in Northern California. The pair represented the single-asset owner/operator that was based in California but was looking to exit the industry. The 145-bed community in […]
Fresh off them taking the top spot in our broker rankings for number of deals closed in 2018 (with 85), Blueprint Healthcare Real Estate Advisors announced a slew of transactions at the start of February, including two large portfolio sales. First, Ben Firestone and Michael Segal handled the sale of two skilled nursing facilities in […]
A Southeast-based real estate investor acquired four skilled nursing facilities and found two operating partners to take on their management, thanks in large part to Steve Thomes and Trent Gherardini of Blueprint Healthcare Real Estate Advisors. Previously owned by an East Coast-based operator, three of the facilities are located in the Boston MSA and one […]
Improving occupancy and operating margins at a portfolio of three Pennsylvania skilled nursing facilities caught the attention of a REIT buyer and their experienced operating partner, which purchased the portfolio from a private investor. Located in the Scranton/Wilkes-Barre market, the portfolio consists of 416 licensed beds. Things were looking up for the facilities, which were […]
It’s proving to be a banner year for Blueprint Healthcare Real Estate Advisors, which has already announced 63 transactions closed, and counting. That not only beats Blueprint’s 2017 total of 53 transactions but is just one off of the previous record-high (Marcus & Millichap’s 64 transactions closed in 2015), according to our yearly broker rankings. […]
Last month, The Ensign Group announced its acquisition of a CCRC in Ottawa, Kansas, but now it’s been revealed that Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors represented the not-for-profit faith-based seller. Headquartered in the Midwest, the previous owner decided to divest the property because it was its only asset in […]
Birchwood Healthcare Partners is making a successful exit from their skilled nursing/assisted living facility in Huntington, West Virginia, more than doubling the facility’s value after just three years of ownership. When Birchwood originally purchased the 55-bed/unit facility from an individual owner in 2015 for $3.2 million, the facility was losing money. Originally built in 1928, […]
A growing seniors housing investor saw upside at two assisted living/memory care communities in high barrier-to-entry markets in Philadelphia, Pennsylvania and purchased the pair for an undisclosed price. Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors led the sales process on behalf of the publicly-traded REIT owner and the in-place operator, which […]
A couple of value-add skilled nursing facilities sold in Arkansas with the help of Ben Firestone, Michael Segal and Brooks Blackmon of Blueprint Healthcare Real Estate Advisors. Previously owned by a publicly-traded REIT, the facilities are located on opposite sides of the state and had almost no geographic synergies. Totaling 234 beds, they reported in-place […]