DONE DEAL:
10 Property Seniors Housing Portfolio
Blueprint is pleased to announce the successful sale of a seniors housing portfolio made up of 10 communities located in the Southeast.

The Alabama-based, owner-operator seller was a family with a 30-year history in the seniors housing industry. The communities had an exceptional reputation in the local markets each served, and the family looked to Blueprint to find a buyer that would continue the legacy they had worked to build, as well as maximize value.

Consisting of eight communities in Alabama, one in Mississippi, and one in Tennessee, Blueprint confidentially marketed the portfolio to a targeted list of active national and regional investors. Blueprint positioned the portfolio as a unique opportunity to either develop a new regional operating platform or expand an existing one. The portfolio’s historically stable operations were also highlighted.

The marketing process led to the procurement of multiple competitive offers. A Tennessee-based regional owner-operator that saw the offering as an opportunity to expand its platform and enter into the state of Alabama was ultimately selected.

The transaction was facilitated by Brooks Blackmon, who specializes in Southeast transactions, and Ben Firestone.

LEAD ADVISORS
Brooks Blackmon
Senior Associate
312.300.4829
brooks@BlueprintHCRE.com
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com