Crossing It off the List
Blueprint is pleased to announce the sale of Heights Crossing Assisted Living Residence, a 100-unit assisted living and memory care community located in Brockton, Massachusetts. Blueprint conducted an exclusive sales process on behalf of the seller, a regional owner-operator with a strong presence in the Boston-metro senior care market.

Blueprint worked collaboratively with the owner to facilitate the confidential sales process. Originally constructed in 1996, the community was 89% occupied at the time of sale. The building is situated in a premier location just off Route 24 on the Brockton/Stoughton line and across from the well-regarded Bay Pointe Rehabilitation and Nursing Center.

Blueprint led an extremely concentrated and efficient marketing campaign, generating 12 competitive bids from a variety of regional operators and national capital providers with a presence or investment interest in seniors housing in the Boston-metro market. This process concluded with Blueprint selecting Kayne Anderson Real Estate Advisors as the buyer, as their offer brought an optimal combination of transaction price and execution probability.

Steve Thomes was the lead advisor on the transaction.

Steve Thomes
Senior Managing Director & Head of Business Development