top of page
Originally constructed in 1979 as the spring training facility for the Boston Red Sox before being converted and renovated (most recently in 2018) into a high-rise seniors housing community, the all-private-pay asset benefits from an irreplaceable lakeside location in Florida's Chain of Lakes region, with proximity to Disney World, Legoland, strong market fundamentals, limited competition, and a growing private-pay seniors demographic.
At the time of marketing, the community was approximately 90% occupied and demonstrating robust in-place cash flow with meaningful upside potential despite certain physical plant challenges tied to its vintage and tower configuration.

Blueprint executed a targeted and confidential marketing process directed at the most active seniors housing investors and operators in Florida and the Southeast, generating five competitive offers that underscored the asset's premier location, scale, historical performance, and repositioning opportunities.

The seller ultimately selected a buyer group with whom they had recently transacted, ensuring strong alignment and execution certainty. The incoming ownership, in partnership with Atlas Senior Living as operator, intends to continue the positive momentum through unit turns, aesthetic enhancements, targeted capital projects, and operational refinements to modernize select elements and elevate the rate profile.

This successful closing further solidifies Blueprint's market leadership in seniors housing transactions, particularly for institutional clients seeking maximum value and execution certainty.

SENIORS HOUSING

Blueprint Powered on Lake Howard

Blueprint was exclusively retained by a repeat client global private equity firm to market and sell an 11-story, 130-unit Independent Living (70 units) and Assisted Living (60 units) Community situated on the shores of Lake Howard in Winter Haven, Florida.

Kyle Hallion

Jacob Gehl

Dillon Rudy

Sign up for email updates

Thank you!

  • Instagram
  • X
  • LinkedIn

BLUEPRINT HEALTHCARE REAL ESTATE ADVISORS, LLC 2025 ©

 

TERMS OF USE

PRIVACY POLICY

bottom of page