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Blueprint was engaged to market a 100-unit vacant assisted living facility located 10 miles south of Cleveland that had been strategically taken offline following operational challenges. Despite its inactive status, the property’s history demonstrated strong proof of concept and sustained profitability during prior operations, underscoring its potential for a successful turnaround.
Leveraging our deep network and sector expertise, Blueprint generated four competitive offers from a curated pool of sophisticated owner/operators with proven capabilities in executing value-add strategies. The selected buyer — known for its disciplined approach to opportunistic acquisitions — intends to reopen the community and fill it through the state’s Medicaid waiver program, positioning the property to serve growing regional demand.
This transaction further exemplifies Blueprint’s ability to match underutilized assets with the right operational partners, enabling new ownership to unlock value, restore performance, and deliver quality care to the market.
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