On Wisconsin
Blueprint is pleased to announce the successful sale of Lamplight Inn of West Allis, a 118-unit assisted living community located in suburban Milwaukee, Wisconsin. Blueprint conducted an exclusive sales process on behalf of a private ownership group that sought to strategically divest of several non-core assets.

Blueprint conducted an extensive marketing campaign approaching both investors seeking to back the existing operator of the community as well as other owner-operators seeking to grow in Wisconsin.  Through Blueprint’s leverage in the marketplace, the existing operator of the community was able to secure a capital partner in a publicly-traded REIT to acquire this asset as well as two others in a master lease structure.

The purchase price allocation of the asset was $6,500,000, or approximately $55,000 per unit.

Ben Firestone and Jacob Gehl were the lead advisors on the transaction and were supported by Mike Segal and Mario Wilson.

Ben Firestone
Executive Managing Director & Co-Founder
Jacob Gehl
Executive Managing Director & Co-Founder