DONE DEAL:
Harley Davison
Sale of 32-unit assisted living community in Davison, Michigan

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
LEAD ADVISORS
Michael Segal
Managing Director
312.300.4137
msegal@BlueprintHCRE.com
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com