Known for being the birthplace of Texas hold 'em, Robstown is located in South Texas, 18 miles from nearby Corpus Christi. At the time of sale, the facility was 75% occupied and performing at a 5.9% EBITDAR operating margin. Blueprint upped the ante and positioned the asset as a value-add opportunity that an experienced local operator with existing synergies could optimize to reach historical performance.

Following the confidential and competitive bidding process, the buyer, an East Coast-based REIT seeking strategic growth opportunities for its Texas operating partner, decided to go all-in on Robstown. The facility presented economies of scale and paired with the operator's existing presence along the Gulf of Mexico.