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Subject to Lease

Sale of an independent living and assisted living community in Seattle
Blueprint is pleased to announce the successful sale of an independent living and assisted living community located in Seattle, Washington. Blueprint successfully represented its client in the sale of the property, subject to an existing NNN lease.
Blueprint was charged with the mission of maximizing value for a NNN-leased asset operated by a local non-profit organization.

The offering was uniquely positioned as an opportunity to acquire valuable underlying real estate subject to a NNN lease. Blueprint strategically promoted the community’s sound operational performance and lease coverage to showcase sustainable returns.

Leveraging the high-density location just north of downtown Seattle that boasts attractive and growing senior demographics, Blueprint generated an incredibly competitive market for the offering.

Blueprint utilized the auction-like environment to create leverage for its client to maximize value as well as execution certainty and transaction terms.

Michael Segal

Ben Firestone