Blueprint successfully advises longstanding client on disposition of two seniors housing communities to complete strategic exit of vacant portfolio
- The two purpose-built, 39-unit assisted living communities were strategically identified for disposition by the seller. Located within 45 miles of each other, the communities feature similar floorplans and layouts.
- Blueprint positioned the offering as a unique opportunity for an incoming investor to acquire both communities below replacement cost, implement and execute a strategic capital expenditure and renovation business plan, and position the properties as leading providers of quality care in the respective markets.
- After running a strategic marketing process leveraging Blueprint’s real-time market knowledge of the most active buyers across the Mid-Atlantic and Northeast, Blueprint selected a New Jersey-based owner-operator eager to expand their existing footprint in the state.
- This transaction completes the seller’s exit of their entire vacant seniors housing portfolio, of which Blueprint has successfully advised on eight of the assignments