Blueprint advises buyer and assists in capital sourcing for vacant memory care community in Oregon
- Blueprint represented the buyer in acquiring Baycrest Memory Care, a vacant 55-unit memory care community in Coos Bay, Oregon.
- The buyer, a joint venture between a trusted Oregon operator and a capital partner, plans to renovate and open the memory care community within 120 days of transaction completion.
- Blueprint assisted the buyer in sourcing the capital needed to acquire, renovate, and lease up the community.
- The pragmatic approach employed by Blueprint to anticipate the challenges of this unique transaction resulted in few delays to closing amid turmoil in the capital markets.