Blueprint positioned the deal as a unique opportunity to acquire a well-maintained asset at below replacement cost and capitalize on readily attainable upside by implementing dedicated memory care programming while leveraging an existing regional operating platform to create economies of scale.

Through a competitive marketing process that was strategically focused on regional owners and operators, Blueprint procured multiple competitive offers and advised the seller to move forward with an owner-operator buyer that all parties had previously transacted with.

Given the level of familiarity between the buyer and seller, as well as the all-cash offer, the transaction closed within 90 days of going under LOI.