Ownership engaged Blueprint to run a targeted process aimed at maximizing both purchase price and execution certainty, particularly considering the continued interest-rate headwinds facing the industry in early 2024.

In designing and executing its marketing process, Blueprint highlighted the tremendous upside potential at the asset based on the quality of the physical plant, ownership’s recent capital spends, the healthy and growing surrounding demand fundamentals, and the resulting path to stabilization. Specifically, ownership had recently invested ~$2.0 million in capital expenditures from 2021 to 2023 to refresh the community, including a full interior refresh, new roof, and a boiler replacement.

Blueprint ran a highly competitive marketing process, resulting in multiple competitive offers, and ultimately advised the seller to move forward with a large, Georgia-based regional owner/operator with an extensive footprint in the region. Their existing presence includes higher acuity facilities and ancillary service companies, making the acquisition immediately accretive to their broader network.

This transaction underscores Blueprint’s continued success in matching motivated sellers with high-conviction regional buyers and delivering outcomes in complex assignments.