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Blueprint Reins Another One In

Stalking horse sale of rental CCRC campus in Mobile, Alabama
Blueprint artfully executes stalking horse sale amidst extreme market headwinds
Originally constructed in 1985 and expanded in 1987, 1993, and 1996, Knollwood Healthcare & Gordon Oaks Senior Living consists of 279 units of skilled nursing, independent living, assisted living, and memory care

The new owner will look to improve the campus with a targeted capital expenditure plan

Blueprint was engaged by the court-appointed receiver, Healthcare Management Partners, in the fall of 2021 to run a competitive marketing process to select a stalking horse bidder

Having an extensive track record and network of national and southeastern-based buyers, Blueprint was able to effectively identify the Stalking Horse, MED Healthcare, who eventually emerged as the winning bidder

Amidst a challenging capital markets environment, Blueprint successfully worked with all parties to bring the transaction to a successful close

Brooks Blackmon

Giancarlo Riso

Amy Sitzman