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Sale of 50-unit assisted living community in Youngstown, Ohio
Blueprint is pleased to announce the successful sale of Commons at Greenbriar, a 50-unit assisted living community located in the Youngstown, Ohio suburb of Boardman. Blueprint executed the sales process on behalf of a publicly-traded REIT and a national skilled nursing operator.
Built in 1996 adjacent to a skilled nursing facility owned by the seller, Commons at Greenbriar was designed to offer lower acuity, assisted living services in a residential setting and serve as a referral source for the neighboring nursing facility.

Occupancy struggled to keep up with the local average as new competitors entered the market, resulting in steadily declining revenues per unit and operational cash flow.

Michael Segal

Ben Firestone

Connor Doherty