DONE DEAL:
Gulf Coasting to Upside
Portfolio sale of 3 assisted living and memory care communities on Florida’s Gulf Coast

Blueprint expertly positions value-add seniors housing portfolio and closes deal on behalf of a state-sponsored retirement pension fund

  • 3 majority private pay senior living communities historically operated at near-stable levels
  • New supply in the local submarkets impacted resident occupancy and staff retention
  • Portfolio showcased as value-add with viable repositioning strategies to unlock operational upside
  • Blueprint’s targeted marketing efforts procured multiple offers from investment firms and owner-operators
  • Blueprint’s process ultimately leveraged the competitive market environment to secure optimal transaction price and terms
  • The buyer selected was a private equity firm along with its Florida-based operating partner for their collective willingness to close the transaction utilizing private capital and a specialized finance company amid performance challenges and market volatility
LEAD ADVISORS
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com
Michael Segal
Managing Director
312.300.4137
msegal@BlueprintHCRE.com
Trent Gherardini
Director
(312) 300-4153
trent@blueprintHCRE.com