With limited local competition, and affluent wealth demographics, the community was uniquely positioned to provide best-in-class memory care services to the growing seniors population in the surrounding market.

At the time of marketing, the community had demonstrated strong upward trending performance with occupancy approaching 84%, allowing an incoming owner/operator to continue the positive momentum and capitalize on future rate growth and expense efficiencies once stabilized.

Blueprint ran a strategic process that targeted regional and national memory care-specific owners and operators which yielded multiple competitive offers.

Blueprint advised the seller to move forward with a group that was open to a creative deal structure that maximized proceeds while providing the acquirer the flexibility to operate the community and stabilize operating cash flow.

The buyer worked expeditiously to close the transaction just 45 days after executing the PSA.