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The community, built in 2009, offers 49 private units and is situated in a growing market with favorable demographics.
The seller, a New York-based regional owner/operator, sought to divest the asset as part of a strategic portfolio strengthening.
Blueprint facilitated a highly tailored marketing process targeting the most probable acquirers. The selected buyer, a Midwest based private equity group, is seeking to expand its operating presence in the region through recognition of the opportunity to enhance operational performance and leverage economies of scale.
The transaction closed smoothly, demonstrating Blueprint's ability to connect sellers with strategic buyers and facilitate transactions that align with both parties' long-term objectives.
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