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Sale of 95-unit assisted living community located in Sarasota, Florida
Blueprint is pleased to announce the successful sale of Lamplight Inn of Sarasota, a 95-unit assisted living community located in Sarasota, Florida. Blueprint conducted an exclusive sales process on behalf of a private ownership group that sought to strategically divest of several non-core assets.
Blueprint conducted a targeted marketing campaign approaching only a predefined and select group of qualified purchasers seeking to grow in the Gulf Coast region of Florida.
Blueprint structured a creative solution in tapping the neighboring real estate owner and was able to leverage the competitive market for the asset to maintain aggressive pricing and certainty of close.
The purchaser was a publicly-traded REIT that extended the terms of its master lease with the neighboring skilled nursing operator to acquire the subject property.
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