Blueprint marketing campaign creates competitive environment amid declining performance and operational challenges

• The community was built in the 1990s in a relatively rural area northeast of Pittsburgh
• Operated at stable levels year-over-year reaching peak performance in 2018
• Occupancy began to decline while substantial building renovations were completed by both for-profit and non-profit local competitors
• Blueprint’s marketing efforts procured multiple offers from both in-state and out-of-state prospective buyers
• A local buyer was ultimately selected and, despite mounting operational challenges, Blueprint successfully kept the buyer fully engaged and focused on completing the transaction
• The transaction closed shortly after the state’s issuance of the buyer’s new license to operate the community