DONE DEAL:
I’ll See Your Vision And Raise You 30
Blueprint is pleased to announce the successful capitalization of Sage Park Assisted Living and Memory Care at Osceola Corporate Center in Kissimmee, Florida. A Florida-based joint venture between Providence One Partners, LLC, an established regional seniors housing developer, and Watercrest Senior Living, a highly-regarded regional operator, engaged Blueprint for its specialized expertise in seniors housing capital markets. Blueprint was tasked with the design and execution of a capital plan for the approximately $30 million ground-up development project.

The 128-unit, 138-bed, Class A, assisted living and memory care community will be constructed within the Osceola Corporate Center, a 900 plus acre master planned mixed use development. Located within a growth corridor 15 miles south of downtown Orlando, and close to several regional economic engines, the three-story community is to be built on a prominent 3.4 acre corner site. Sage Park will offer a variety of floor plans, multiple dining venues, and appealing amenities. Construction will begin immediately and will be complete by late summer of 2018. Blueprint leveraged its knowledge of the current development, lending, and investing landscapes to position the opportunity for the capital markets, resulting in a funded project with favorable terms introduced by compatible investment partners.

Adam Sherman, head of Blueprint’s Capital Solutions Group, was the lead advisor.

Blueprint’s Capital Solutions Group offers independent capital markets advisory services. Specializing in capital stack design and execution for development, expansion, recapitalization, refinancing, or acquisition of seniors housing and long-term care assets. To discuss how we can help you meet your objectives in seniors housing and healthcare real estate, contact us at (202) 449-9554.

LEAD ADVISORS
Adam Sherman
Managing Director
(202) 449-9554
asherman@blueprinthcre.com