Jingle Bell Oaks
Sale of 96-unit independent living community in Montgomery, Alabama
Blueprint is pleased to announce the successful sale of Bell Oaks Retirement Community, a 96-unit independent living community located in Montgomery, Alabama.
Blueprint successfully navigated the legal landscape in order to market the distressed asset on behalf of ownership, with its mandate being to maximize value.
Blueprint’s marketing strategy focused on positioning the low occupancy community as a turnaround opportunity with significant upside potential.
Turning to its extensive knowledge of the buyer pool, Blueprint conducted a hyper-focused process that targeted only qualified potential buyers actively acquiring similar communities in the Southeast.
Ultimately, the selected buyer was an opportunistic Florida-based private equity group that specializes in affordable seniors housing.