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The approximate 5-acre parcel of land, located in Minden, NV, had been issued a special use permit by the Douglas County Planning Commission in 2017 allowing for the development of a seniors housing community of up to 130 total units
The site is strategically located adjacent to Carson Tahoe Minden Medical Center which is operated by the region’s largest healthcare provider - Carson Tahoe Regional Health
Blueprint positioned the proposed seniors housing development as a unique opportunity to acquire a shovel ready site in the most affluent county in the state, with strong market fundamentals evidenced by older competitor communities (20+ year vintage) maintaining occupancy of over 98% prior to the pandemic
Blueprint executed on a targeted marketing campaign aimed at regional and national seniors housing developers, as well as owners and operators, ultimately advising the client to move forward with a west coast-based seniors housing developer that is affiliated with a best-in-class seniors housing operator
After opening escrow in August of 2020, Blueprint worked with all parties involved to facilitate a successful close in February of this year
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