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Blueprint runs confidential process, producing private equity acquirer able to close during pandemic disruption
Located in Akron, Ohio near the University of Akron campus, the skilled nursing and assisted living community was built in 1917 and comprehensively renovated in the mid-2000s.
Citing a heightened focus on other aspects of their portfolio, the regional owner-operator exclusively engaged Blueprint for its unparalleled understanding of the Ohio seniors housing and healthcare market.
Blueprint executed confidential negotiations, however, acquirer uncertainty surrounding the pandemic halted progress.
Blueprint’s collaborative efforts and solutions-oriented approach resulted in reinvigorated negotiations, which ultimately led to a successful closing.
The Blueprint team worked closely with the buyer and seller to facilitate and streamline the operational transition as well as expedited approval for license transfer.
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