Blueprint plays key role facilitating sale transaction, operational transition, and licensure approval process amid COVID-19 challenges

• The 100% private pay community in Davison, Michigan was built in 1997 with an expansion and remodel project completed in 2013
• Near-stable, positively-trending operating cash flow with census levels consistently exceeding 90%
• Blueprint’s marketing process generated multiple competing offers from local and regional owner-operators
• The REIT seller and Blueprint selected a buyer in a growing Grand Rapids-based provider seeking to expand its portfolio in the state
• The Blueprint team worked closely with the buyer and seller to effectuate the transaction while also facilitating and streamlining the operational transition and expedited licensure process during the COVID-19 pandemic