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Blueprint was engaged by a New York-based real estate investment firm to run a confidential marketing process of the 128-bed skilled nursing facility located in the historic town of South Dennis on Cape Cod
Through a bifurcated process between Blueprint’s Seniors Housing & Care group and Blueprint’s Behavioral Healthcare group, a targeted variety of skilled nursing investors, as well as alternative use investors, that represented a high certainty of execution were approached
The winning bidder, Housing Assistance Corporation Cape Cod, will embark on a capital expenditure plan to revitalize the asset and will ultimately convert the community into housing
Throughout the negotiation, diligence, and transition processes, Blueprint worked closely with both buyer and seller, facilitating active and open lines of communication to ensure a smooth sale process
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