Developed in 2019, the community represents one of the newest and most well-appointed assets within a five-mile radius, offering a modern physical plant and a thoughtfully designed continuum to meet evolving resident needs.

Owned since inception by a private equity firm, the asset was brought to market amid strong performance and an increase in in-place cash flow. Further enhancing the investment story was the opportunity to expand the community’s highly desirable IL cottage product, a segment that had demonstrated strong demand and lease-up success. While the overall trajectory of the community remained highly compelling, there was clear attainable upside through increased occupancy and continued rate growth.

Blueprint executed a comprehensive and competitive marketing process, generating nearly a dozen offers from a diverse pool of private equity groups and REITs. Buyer strategies varied, with groups evaluating both retention and transition of the existing operator. Ultimately, ownership selected a buyer aligned with the incumbent operator, further strengthening an existing relationship and providing continuity for the community moving forward.

Blueprint worked closely alongside both buyer and seller to ensure a seamless and efficient execution from initial outreach through closing.