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A Reverent Process

Portfolio sale of two standalone memory care communities in the Dallas, Texas MSA
Blueprint strategically advises valued client on sale of Revere Court of Arlington and Revere Court of Rockwall
Constructed in 2011, Revere Court of Rockwall consists of 44 memory care units while Revere Court of Arlington, built in 2000, contains 34 memory care units

The communities faced operational challenges in 2020 due to the COVID-19 pandemic in addition to the physical plant being adversely affected by “The Texas Freeze” in early 2021

The communities overcame these headwinds with physical plant restorations and operational gains in the latter half of 2021 through closing

The seller, a publicly traded REIT, engaged Blueprint late last summer to run a competitive marketing process

Blueprint positioned the offering as a value-add opportunity and utilized its vast network of investors and operators to run a strategic and well-organized marketing campaign

Blueprint’s process yielded four qualified offers with the prevailing purchaser being a joint venture between Voralto and Capital Senior Ventures

This acquisition strategically grows Voralto’s existing operating footprint in their home state of Texas

Brooks Blackmon