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The 334-unit assisted living and memory care Carolina Gardens portfolio is located in multiple cities throughout the State of South Carolina. Encompassing five communities and built in the late 1990s, the offering presented a unique opportunity to acquire a regional cluster of assets with value-add upside
A court-appointed Receiver selected Blueprint to lead the disposition process on behalf of the lender. Blueprint ran an extensive marketing campaign, which garnered multiple offers from a series of owner-operators along the Eastern Seaboard
Spring Oak, a family-owned company based in New Jersey, was selected as acquirer and closed on January 31st
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