The portfolio, a regional cluster of five properties located within three hours of one another, were owned by a publicly-traded REIT and were operated by a reputable national operator with a larger presence in the state.

Throughout the transaction the portfolio’s census remained relatively stable, however some communities were operating at a deficit.

Blueprint conducted an exclusive sales process by confidentially approaching a limited group of qualified purchasers seeking to create or expand upon their regional footprint in the state of Florida.

Positioned as a value-add opportunity, Blueprint effectively demonstrated the potential upside in occupancy and operational efficiencies which created significant interest in the offering.