DONE DEAL:
Jingle Bell Oaks
Blueprint is pleased to announce the successful sale of Bell Oaks Retirement Community, a 96-unit independent living community located in Montgomery, Alabama.

Blueprint successfully navigated the legal landscape in order to market the distressed asset on behalf of ownership, with its mandate being to maximize value. Blueprint’s marketing strategy focused on positioning the low occupancy community as a turnaround opportunity with significant upside potential. Turning to its extensive knowledge of the buyer pool, Blueprint conducted a hyper-focused process that targeted only qualified potential buyers actively acquiring similar communities in the Southeast. Ultimately, the selected buyer was an opportunistic Florida-based private equity group that specializes in affordable seniors housing.

The transaction was led by Brooks Blackmon and Trent Gherardini. Josh Salzman, Blueprint General Counsel, managed the legal process.

LEAD ADVISORS
Brooks Blackmon
Senior Associate
(312) 300-4829
brooks@blueprintHCRE.com
Trent Gherardini
Senior Associate
(312) 300-4153
trent@blueprintHCRE.com
Joshua Salzman
General Counsel
(312) 300-4714
jsalzman@blueprintHCRE.com