The communities offer a mix of independent living, assisted living, and affordable senior apartments, serving a wide range of seniors across two densely populated urban submarkets. Originally developed to accommodate both market-rate and low-income residents, the assets present a compelling value-add opportunity through targeted repositioning.

Blueprint’s marketing strategy emphasized the portfolio’s scale, strong urban demographics, and the increasing demand for affordable senior housing across metro Chicago. The process generated strong interest from both local and national groups, including multi-family and private pay and affordable buyers focused on mission-driven investments.

A Chicago-based owner/operator specializing in affordable senior housing was selected as the buyer and incoming manager.

This successful transaction underscores Blueprint’s continued leadership in complex, impact-oriented senior housing transactions in major U.S. markets.