Maple Heights is the only independent living provider located in Allen Park, Michigan. The mid-rise property has held its strong reputation and deep ties to the local community since the 1970s. Blueprint positioned its offering as an asset with a proud history of consistent occupancy exceeding 90% and a stabilized track record of financial performance operating at a margin of approximately 35%. Blueprint attracted prospects to Maple Heights by boasting such stability while suggesting the investment opportunity held further upside in revenue growth through sustainable rate increases.

Blueprint’s strategy entailed approaching a select group of qualified investors not limited to those that focus on acquiring private pay seniors housing communities, and the marketing campaign successfully yielded a highly competitive bidding environment from a variety of investor profiles.

Mozart Healthcare, a rapidly growing investor in seniors housing, previously known by Blueprint to have a knack for acquiring and managing skilled nursing facilities, emerged as the ultimate purchaser. Blueprint proactively navigated several obstacles during the transaction process to structure a beneficial outcome for all parties involved.

This was Mozart’s fifth acquisition.

The transaction was handled by Ben Firestone and Michael Segal.