Opened in 2017, this state-of-the-art facility consisted of 60 transitional care beds, 16 assisted living beds, and 16 memory care beds with 63 well-appointed physical units including 34 private suite accommodations. VibraLife El Paso maintained stable assisted living and memory care occupancy while boasting an exceptionally high-quality transitional care payor mix; however, the transitional care census was stagnant due to shorter average length of stay, a competitive market setting, and limited dually certified beds. As a result, operational cash flow was constrained.

After conducting a thorough and confidential marketing process, Blueprint procured multiple competitive offers from investors and operators with a presence in Texas and comfortability with the transitional care model. Blueprint advised the Seller to proceed with Ignite Medical Resorts, a well-respected national owner/operator who had recently acquired a similar facility in a Houston suburb through a Blueprint sale process on behalf of the same seller.

The parties familiarity, having just previously transacted, along the Buyer assuming the existing property-level debt, helped ensure an expeditious transaction, closing just 70 days after offer acceptance.