Steady Hand in Rocky Market
Sale of two assisted living and memory care campuses in Denver
Blueprint remains steadfast amid turbulence and facilitates sale and sources capital for two senior living campuses
Competitively positioned in the Denver MSA, the multi-structure senior living campuses were constructed in the late 1990s yet a surge of newer supply constrained occupancy and rate growth.
Featuring mostly efficiency studios and one-bedroom suites, the properties consist of 89 and 99 units and are equipped with resident amenities and outdoor spaces.
Blueprint represented a state-sponsored retirement pension fund by targeting active senior living investors and operators keenly interested in the rapidly expanding Denver market.
Blueprint’s marketing campaign generated multiple competing offers, with an Arizona-based owner-operator selected as the buyer for its strategic growth plan targeting Colorado’s most populous metro area.