Built in 1999, the community featured a strong, demonstrated history of performance prior to the onset of the pandemic, with occupancies north of 90% and operating margins approaching 30%. Significantly impacted by the pandemic in 2020 and 2021, the community’s performance was beginning to trend back upwards at the time of marketing

Designing a highly tailored campaign, Blueprint positioned the offering as an opportunity to acquire a currently underperforming community, located in an attractive Baltimore suburb, poised to re-stabilized in relatively short order on the strength of limited direct competition and an already-in-motion rebound in census

Blueprint leveraged its expert understanding of the M&A transaction market across the Mid-Atlantic to target both select national investment groups with a presence in the region, as well as actively-growing regional and local owner-operators

Given the turbulence in the debt markets, Blueprint focused heavily on identifying potential buyers with strong balance sheets and superb lender relationships capable of capitalizing the acquisition of a community currently bereft of in-place cash flow

Broad market interest translated into several competitive bids, enabling the Seller to leverage the process and push best-and-final pricing. Ultimately, Blueprint selected the Inspirations Assisted Living and Memory Care, a Maryland-based owner-operator, as the Buyer. Middle River, MD will compliment Inspiration’s existing portfolio of communities in Lutherville, Linthicum, and Westminster, Maryland. Inspirations stated mission is to bring Purpose, Joy, and Laughter to those needing assistance

Blueprint worked closely with all stakeholders to navigate mounting headwinds in the capital markets to successfully close the transaction