Following the completion of the six-year freeway expansion that affected leasing, access to the community had dramatically improved at the time of marketing. The refreshed curb appeal provided an opportunity for an incoming investor to capitalize on existing move-in momentum. Alongside Franklin Communities' expertise in the San Antonio market, the community is well-positioned to realize its trajectory to stabilization

Blueprint ran a highly competitive marketing process procuring five written letters of intent from REITs, owner-operators, and real estate investment firms. After multiple rounds of bidding, a public REIT was ultimately selected as buyer and elected to maintain Franklin Companies as operator under a new management agreement