As the newest seniors housing community in San Angelo, the subject community historically generated strong operational performance with occupancies exceeding 85% in 2019, while generating cash flows of $1.5 million at a 34% margin in the same period

After experiencing an occupancy disruption in 2021 from weather related damages, the community quickly rebounded with occupancy approaching 87% at the time of marketing

Blueprint positioned the deal as an opportunity to acquire a cash-flowing asset that had demonstrated a clear rebound in operating performance towards previously achieved stabilized performance levels in 2019 and 2020, presenting an incoming investor with upside through future expansion as well as attractive in-place cash-on-cash returns

After running a targeted marketing campaign to local, regional, and national seniors housing owners and operators, Blueprint advised the Seller to move forward with an East Coast based owner/operator eager to expand upon its footprint within Texas. Additionally, the selected Buyer demonstrated relationships in place with lenders that would translate to higher execution certainty for the Seller

By remaining in lockstep with all parties involved, including the existing operator, Blueprint was able to successfully close the deal within 90 days of contracts being signed