Constructed in 2017 and 2014, respectively, the two communities are well-located within established, high-barrier Cleveland suburbs, each surrounded by strong memory care demand fundamentals, favorable income demographics, and a fast-growing 85+ population. Both communities presented a compelling lease-up story for an incoming owner, with meaningful upside available through commensurate rate growth and completion of an in-process Medicaid certification for private units at each community. The portfolio was offered without a defined asking price, unencumbered by property-level debt, and free and clear of a management contract, providing a clean, flexible platform for a new operator to step in.

Blueprint ran a competitive, targeted marketing process that generated three offers from regional owner/operators drawn to the portfolio's scale, submarket strength, and embedded operational upside. Following a disciplined evaluation, the portfolio was awarded to a regional owner/operator with an existing footprint in Ohio, well-positioned to leverage its local operating platform to drive census, complete Medicaid certification, and stabilize both communities. Blueprint worked closely with all parties through marketing, diligence, and closing to deliver a smooth transaction and a buyer capable of carrying these communities forward.