DONE DEAL:
Peregrine’s Landing at Decatur
Blueprint arranged debt financing for an acquisition and repositioning of Peregrine Senior Living of Decatur, a 60-unit assisted living and memory care community located in suburban Atlanta, Georgia. The property was acquired by a regional operator and a private equity firm and was purchased from a national owner-operator.

Blueprint worked with MidCap Financial, LLC, which issued the loan.  MidCap funded $3,700,000 at closing toward the $5,500,000 purchase and provided an additional $2,400,000 for capital improvements, working capital and an interest reserve.  The borrower will reposition the facility and add on Memory Care units.  MidCap was selected as the financing source based upon its certainty of execution and flexible deal structure. Ben Firestone and Ryan Chase were advisors to the purchaser.

LEAD ADVISORS
Ben Firestone
Executive Managing Director & Co-Founder
312.300.4000
bfirestone@blueprintHCRE.com
Ryan Chase
Senior Managing Director & Head of Market Strategy
312.300.4152
rchase@blueprintHCRE.com