Blueprint worked in conjunction with the Seller to design a marketing approach strategically targeting only one specific buyer with whom they had the utmost confidence could execute on the transaction. Blueprint was charged with the task of producing a top-of-market offer from this buyer, a private, non-traded REIT based in Southern California. The direct marketing effort achieved the Seller’s goal, and Blueprint was able to close the deal quickly and quietly at a price of $18,350,000, or approximately $150,000 per unit. The Buyer partnered with a West Coast-based, regional provider new to the Wisconsin market to operate the communities.
Jacob Gehl was the lead advisor on the transaction.