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Midwest Swing

Blueprint's competitive process leads to successful sale of western Michigan assisted living and memory care community
Located in Grand Rapids suburb of Kentwood, Michigan, Azpira Place of Breton is a private pay community comprised of 67 assisted living and 12 memory care units
Built in 2001, ownership acquired the property as part of a larger portfolio expanding its platform across the Midwest. Shortly thereafter, a substantial interior renovation initiative was completed in 2018-2019

Representing management’s only location in the state, the seller made the decision to exit the market and engage Blueprint to facilitate the sale process

Blueprint’s marketing efforts showcased a unique opportunity to boost occupancy through a revamped operational strategy introducing Medicaid eligible residents, targeting in-state and out-of-state investors familiar with the waiver program and an existing presence in western Michigan

Multiple offers were received through competitive rounds of bidding, and Cardinal Senior Management, a regionally focused buyer based in Grand Rapids was chosen to acquire the community. Blueprint worked collaboratively with the buyer and exiting operator to execute the transaction and facilitate a seamless management transition

Michael Segal

Lauren Nagle

Ben Firestone