DONE DEAL:
On Wisconsin
Blueprint is pleased to announce the successful sale of Lamplight Inn of West Allis, a 118-unit assisted living community located in suburban Milwaukee, Wisconsin. Blueprint conducted an exclusive sales process on behalf of a private ownership group that sought to strategically divest of several non-core assets.

Blueprint conducted an extensive marketing campaign approaching both investors seeking to back the existing operator of the community as well as other owner-operators seeking to grow in Wisconsin.  Through Blueprint’s leverage in the marketplace, the existing operator of the community was able to secure a capital partner in a publicly-traded REIT to acquire this asset as well as two others in a master lease structure.

The purchase price allocation of the asset was $6,500,000, or approximately $55,000 per unit.

Ben Firestone and Jacob Gehl were the lead advisors on the transaction and were supported by Mike Segal and Mario Wilson.

LEAD ADVISORS
Ben Firestone
Senior Managing Director, Founding Partner
(312) 300-4000
bfirestone@blueprintHCRE.com
Jacob Gehl
Senior Managing Director, Founding Partner
(310) 893-7182
jacob@blueprintHCRE.com