DONE DEAL:
The Whole Enchilada
Blueprint is pleased to announce the successful sale of Hawthorn Court, a 47-unit memory care facility. Located in the affluent Phoenix, Arizona submarket of Ahwatukee, the property was well-maintained and operated. Blueprint effectively delivered the property to the market, resulting in a competitive bidding process that landed several compelling offers.

Blueprint guided the seller, a large REIT joint venture, through the buyer selection and vetting process, eventually selecting CALCAP Advisors, a California-based investment company founded in 2008 and headquartered in Pasadena, California, as the best fit. CALCAP Advisors is an active multifamily buyer and was looking to make its first purchase in the senior living space.

Blueprint’s team remained heavily involved in the transaction and arranged for the buyer to hire Oregon-based Frontier Management as the operator. Leveraging its capital solutions relationships, Blueprint connected CALCAP Advisors with Hunt Mortgage to provide financing for the transaction.

Blueprint’s involvement ensured a smooth closing and transition for the new buyer into the senior living industry.

The transaction team consisted of Jacob Gehl, Amy Sitzman, and Giancarlo Riso.

LEAD ADVISORS
Jacob Gehl
Senior Managing Director, Co-Founder
(310) 893-7182
jacob@blueprintHCRE.com
Amy Sitzman
Director
(310) 893-7188
asitzman@blueprintHCRE.com
Giancarlo Riso
Senior Associate
(310) 893-7184
griso@blueprintHCRE.com