Located in New Hope, Minnesota, the Saint Therese of New Hope campus was originally pioneered and opened to the community in 1967. Starting in 1979, the property underwent extensive senior living expansion and renovation projects over the years. The property is situated in a prime location with strong supporting demographics and in 2003, became the first in the Midwest to offer a palliative care unit. The community features 221 independent and assisted living units and 168 licensed skilled nursing beds, totaling 389 seniors housing and skilled nursing units/beds.

Showcasing the attractive location and historical proof of concept, Blueprint's thorough marketing process generated a competitive bidding environment amongst investors and operators within the state and the surrounding Midwest region. After multiple rounds, the seller thoughtfully selected Compass Healthcare as the ultimate successor, advancing Compass’s strategic growth plan in Minnesota with its second senior living campus acquisition in as many years. Compass's proven approach to quality care, staff empowerment, and making a difference in the lives they serve, will be seen as they transition this campus.

While tactfully navigating through the transaction amidst unconventional market conditions and labor challenges, Blueprint’s proactive approach with the seller and incoming owner/operator ensured timely and direct communication throughout the transaction process, culminating in a smooth and successful closing. The community will be rebranded as Woodlake Healthcare and Rehabilitation Center and Woodlake Residences, and Saint Therese will continue to provide spiritual and pastoral care for the residents.