DONE DEAL:
Shalom!
Blueprint is pleased to announce the sale of Shalom Village, 104 total Independent Living units comprised of 44 townhomes and 60 apartments located in Aurora, Colorado. Shalom Village was part of the greater Shalom Park non-profit, rental CCRC, and the Seller has retained its long-established Shalom Park Nursing Home and its Wellness Center on the campus.

Blueprint positioned the offering as either a value-add or conversion play, and the competitive bidding process yielded an ultimate purchase price exceeding the original ask. Blueprint not only navigated the unique challenges associated with a non-profit to for-profit transaction, but it also guided both Buyer and Seller expeditiously through the obstacles presented by the City of Aurora in creating a separate division of the property.

The Purchaser, a private developer/operator from the Denver metro area, intends to convert Shalom Village to a 55+ Active Adult Retirement Community with the new name of Villa Esprit. The Purchase Price was $16,125,000 or approximately $155,000 per unit.

Pamela Pyms and Hayden Behnke were the lead advisors on the transaction.

LEAD ADVISORS
Pamela Pyms
Managing Director
720-208-6609
Pam@blueprinthcre.com
Hayden Behnke
Senior Associate
720-938-2053
Hayden@blueprinthcre.com