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Desert or Dessert?
Sale of 114-unit assisted living community in Peoria, Arizona
Blueprint is pleased to announce the successful sale of Lamplight Inn at Peoria, a 114-unit assisted living community located in Peoria, Arizona. Blueprint conducted an exclusive sales process on behalf of a private ownership group that sought to strategically divest of several non-core assets.
Blueprint's keen awareness of its prospective purchaser;s tastes in terms of geography and payor mix set the table for a mutually beneficial transaction.
The asset was sweetly served up as a value play with significant upside, and the positively-trending occupancy and EBITDAR as the transaction advanced was icing on the cake.
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