The assets were originally constructed in 1999 and 2000, and all three communities were uniquely situated in strong seniors housing submarkets across Alabama's three largest metros

By leveraging its extensive network of Southeastern buyers, Blueprint was able to identify several interested parties for the portfolio

The prevailing purchaser, Texas-based Proveer Senior Living, will undertake significant capital projects across the assets, and this acquisition strategically enhances their growing footprint throughout the state of Alabama

Blueprint proactively worked through all aspects of the transaction and transition process to successfully close in a challenging capital markets environment