top of page
The portfolio consisted of two seniors housing properties in Florissant and DeSmet, MO, totaling approximately 165 units of Independent and Assisted Living
Leveraging the firm’s deep relationships in the Midwest, Blueprint’s targeted marketing campaign focused exclusively on prospects offering the highest execution probability combined with the shortest timeline to closing
Understanding that the market for assets deemed non-core by seniors housing focused investors could result in an interest to re-purpose the physical plant, during the marketing process Blueprint also approached investors that would be interested in converting one, or both, of the communities
With Blueprint’s recommendation, an investment fund out of St. Louis, a new entrant to the seniors housing industry, was selected. The buyer’s plan is to convert one property into multifamily housing and maintain the other as a seniors housing community
Blueprint was closely involved throughout the entire transaction process, including buyer’s due diligence and the operational transition
bottom of page