Right in the Breadbasket
Sale of two senior living communities in southeast Kansas
Blueprint is pleased to announce the successful sale of two senior living communities located in southeast Kansas. Blueprint conducted an exclusive sales process on behalf of a joint venture between a public REIT and a private equity firm seeking a strategic exit of these non-core assets.
Following the portfolio acquisition of several assisted living and memory care communities in Kansas, ownership selected Blueprint to conduct an exclusive sale process of two geographic outliers as they did not fit within the regional core of the portfolio.
Built in the 1990s, the two communities have a combined 49 units offering assisted living and memory care services and are the county’s only licensed providers.
Through its regionally-deployed marketing efforts, Blueprint identified an in-state owner-operator with similar sized communities that was eager to grow its footprint in the region.