Opened in phases in 2022 and 2023, the community features institutional-quality construction and a premium amenity package next to the RTJ Golf Trail at Hampton Cove.

As the newest community in its competitive set, Wellpoint delivered an exceptional lease-up, surpassing 90% occupancy by the fourth quarter of 2025. It was well positioned for further margin expansion, including meaningful mark-to-market upside on independent living rents.

Blueprint worked closely with DMK to position the asset to maximize proceeds. The process drew 12 LOIs from institutional private equity, alternative asset managers, public REITs, and family offices.

After a highly competitive final round, LTC Properties (NYSE: LTC) was selected as the buyer and retained Charter Senior Living, the operator since opening, under LTC's existing SHOP management agreement with Charter. The deal closed ahead of schedule, about 70 days from LOI signing.

The transaction underscores Blueprint's ability to bring premier assets to the deepest pool of seniors housing capital, delivering maximum value and certainty of close for best-in-class developers and investors.