DONE DEAL:
Planting Roots at Cedar Village
Blueprint is pleased to announce the successful sale of Cedar Village, a 267-bed/unit full continuum of care community located in the desirable Cincinnati, Ohio suburb of Mason. The faith-based, non-profit community engaged Blueprint as its exclusive advisor given its prior successful experience representing non-profit clients in the market.

Consisting of independent and assisted living, memory care, and skilled nursing, Cedar Village had been operated by the Jewish Home of Cincinnati, a 501(c)(3) organization, since it first opened its doors in 1997. The Cedar Village Board of Trustees elected to sell the community in order to invest in new programs and services that will serve Cincinnati’s Jewish seniors for generations to come.

After a highly confidential and competitive marketing process, Blueprint identified an Indiana-based, non-profit buyer, who will contract with CarDon & Associates to provide day-to-day management and operations of the campus. The buyer was ultimately selected for its creative capital structure and execution capabilities, which it demonstrated throughout the entire transaction process. Additionally, the buyer will maintain the vision and spirit of Cedar Village and continue to provide Jewish programs and services to campus residents, a vital component to the seller.

The transaction was handled by Jacob Gehl, Connor Doherty, and Giancarlo Riso.

LEAD ADVISORS
Jacob Gehl
Senior Managing Director, Founding Partner
(310) 893-7182
jacob@blueprintHCRE.com
Connor Doherty
Senior Associate
(312) 300-4834
cdoherty@blueprintHCRE.com
Giancarlo Riso
Senior Associate
(310) 893-7184
griso@blueprintHCRE.com