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Affordable Is the New Gold Standard
Sale of Gold Choice Ormond Beach and Gold Choice Deltona, two seniors housing communities located in Central Florida
Blueprint executed the transaction on behalf of a private owner-operator
The opportunity was comprised of the recently renovated Ormond Beach property and ground-up development in Deltona. The operator had utilized the affordable model by leveraging Florida's robust Managed Medicaid program, resulting in stabilization in well under a year. The model also yielded above average operating margins for seniors housing communities.
Blueprint effectively demonstrated the unique affordable model Gold Choice employed, along with the upside in expanding the Ormond Beach community by an additional 22 units. The selected buyer was a private ownership group that retained the current operations team.
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