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RIALTO, CALIF. — Blueprint Healthcare Real Estate Advisors has arranged the $14.1 million sale of Vista Cove Care Center, a 177-bed skilled nursing facility in Rialto, about 55 miles east of Los Angeles.
A joint venture of a New York-based real estate group and a Los Angeles-based operator bought the property from a regional owner/operator.
The purchase price equates to $79,858 per bed and a capitalization rate of 7.3 percent.
Blueprint’s Christopher Hyldahl was the lead advisor and Mike Segal assisted in executing the transaction.