Blueprint Seizes the Day in Delaware Bay
Sale of Two Assisted Living Communities in New Jersey
Blueprint successfully advises longstanding client on disposition of two seniors housing communities to complete strategic exit of vacant portfolio
The two purpose-built, 39-unit assisted living communities were strategically identified for disposition by the seller. Located within 45 miles of each other, the communities feature similar floorplans and layouts.
Blueprint positioned the offering as a unique opportunity for an incoming investor to acquire both communities below replacement cost, implement and execute a strategic capital expenditure and renovation business plan, and position the properties as leading providers of quality care in the respective markets.
After running a strategic marketing process leveraging Blueprint’s real-time market knowledge of the most active buyers across the Mid-Atlantic and Northeast, Blueprint selected a New Jersey-based owner-operator eager to expand their existing footprint in the state.
This transaction completes the seller's exit of their entire vacant seniors housing portfolio, of which Blueprint has successfully advised on eight of the assignments