Opened in 1990, the community consists of 125 independent living and 30 assisted living units and was operating slightly below break even

Blueprint's marketing campaign positioned the community as a heavy value-add or conversion opportunity

The highly targeted process focused on approaching investors capable of an all-cash deal

Elevation Financial Group, who plans to convert the asset to a 55+ community, was selected as the ultimate buyer

The transaction was placed under contract after the start of the COVID-19 pandemic and closed with minimal delay