Property comprised of two buildings with the largest AL and MC units available in the local market. Extensive $8 million+ conversion and renovation completed in 2014 by ownership, a joint venture between Capitol Seniors Housing and Welbrook Senior Living.

Blueprint positioned the offering as nearly stabilized with improving operational performance supported by increasing rental rates and care fees upon unit turnover. Marketing process yielded several competing offers from real estate investors and owner-operators.

Performance continued to improve through the final rounds of the marketing process. Blueprint utilized the performance boost and competitive bidding in the final round to successfully increase the price by nearly 10%.

Once the buyer was selected, Blueprint worked with all parties to ensure critical dates were met and no delays or adjustments were incurred throughout the sale process.