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The late 1990s-built assisted living community, located in Northern Indiana, experienced occupancy challenges due to the COVID-19 pandemic
Citing a heightened focus on other assets, the valued and repeat client, a national owner-operator, elected to engage Blueprint for its unparalleled understanding of the Indiana transaction market
Blueprint’s comprehensive marketing campaign established a relationship between a well-capitalized private owner and a new operator seeking to establish a market presence with its first deal
The selected buyer group plans to reposition the asset as the premier affordable option in the South Bend MSA by utilizing the Indiana Assisted Living Waiver Program
Blueprint worked collaboratively with all groups to keep the transaction on track and successfully close upon receipt of licensure and change of ownership approval
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