DONE DEAL:
It’s a Midwest Swing
Blueprint is pleased to announce the successful sale of two assisted living communities located near Oklahoma City, Oklahoma and Wichita, Kansas. Blueprint executed the transaction on behalf of a publicly traded REIT and a national operator.

With a combined 52 total units and 16,000 square feet, the primarily private pay communities were built in 1993/1994 and completed renovations in 2016. Well known in the respective local markets for exceptional resident care, the communities’ strong reputations supported competitive rates as both were over 90% occupied and generating steady cash flow. As the seller’s portfolio continued to strategically evolve, Blueprint was selected to confidentially market the properties for sale.

 

Ultimately, a family-owned senior living provider headquartered in Kansas was chosen as the buyer for its familiarity and experience effectively operating relatively smaller communities in tertiary Midwest markets. Blueprint worked collaboratively with all parties to ensure a smooth transaction and a positive outcome for all parties.

 

Ben Firestone, Michael Segal, and Alex Florea completed the transaction.

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
Alex Florea
Senior Director
312.300.4184
aflorea@BlueprintHCRE.com