Blueprint heats up

There’s no such thing as a summer lull for Blueprint Healthcare Real Estate Advisors, as the firm closed five transactions (two seniors housing and three skilled nursing) in the past month. First up, Chris Hyldahl, with Gideon Orion supporting, sold a California skilled nursing facility that could certainly add in value. Built in 1963 with […]

Platinum does it again

A few weeks ago, we wrote of a turnaround sale by Platinum Health Care, which after two years of ownership sold a 114-unit assisted living/memory care community in Peoria, Arizona for more than double its original investment. Now, the owner/operator is selling two more of its non-core assets that it purchased in February 2014, for […]

Platinum turnaround

Just two years after acquiring a 114-unit assisted living/memory care community in Peoria, Arizona (Phoenix MSA), Platinum Health Care decided to sell, more than doubling its value in the process. Back in February 2014, the Skokie, Illinois-based owner/operator bought the 30-year old community when it was just 64% occupied, and losing money to boot. But […]