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.