Both communities had been well-maintained by prior ownership with approximately $1.3 million of total capital expenditure investments since 2016

Blueprint marketed the value-add offering as a unique opportunity for an incoming regional owner/operator to acquire a well-located campus in a suburban, attractive private pay seniors housing market just outside of Chicago at below replacement cost

By leveraging its industry-leading knowledge of the most active Midwest acquirers, Blueprint was able to generate tremendous market interest, ultimately advising the Seller to move forward with a Chicagoland area owner/operator that was looking to expand its geographic footprint within Illinois

Blueprint worked in partnership with various stakeholders including the sellers, buyer, and SBA lender to ensure a successful outcome for all parties

Blueprint remained resolute in its professional persistence despite multiple unforeseen delays to the closing date