Alabama Turnaround
Blueprint is pleased to announce the successful sale of a seniors housing community located in Alabama.

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.

Brooks Blackmon
Ben Firestone
Executive Managing Director & Co-Founder