Blueprint conducted a confidential marketing process on behalf of the seller, a publicly traded REIT. The community included both assisted living and memory care (SCALF) units.

Blueprint leveraged its intimate knowledge of regional and local owner-operators to run an expeditious marketing campaign that positioned the community as a turnaround opportunity. The process yielded multiple offers and the buyer selected was an Alabama-based owner-operator. At the time of the sale, the community was operating at a loss; however, the new owner saw a clear path to stabilization.

Brooks Blackmon and Ben Firestone were the lead advisors on the transaction, which closed two months from the time Blueprint was engaged.