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Quick to Close in Cleveland
Sale of a 133-unit assisted living and memory care community in Cleveland
Blueprint runs highly targeted campaign and brings all-cash buyer to close in record time
The early 2000s built assisted living and memory care community located in Northeast Ohio recently struggled with occupancy, which led to a strategic divestiture by a well-respected national owner-operator.
Blueprint’s tailored marketing campaign sourced a well-capitalized private owner-operator seeking to expand and increase operation leverage in the Midwest.
The selected buyer plans to reposition the asset as the premier affordable option in the Cleveland MSA by utilizing the Ohio Assisted Living Waiver Program.
The acquisition led to a successful outcome for all parties involved and the transaction closed in under 25 days following offer acceptance.
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