top of page
Blueprint’s Behavioral Healthcare Team successfully advised an entrepreneurial seniors housing investor to both obtain specialized zoning entitlements for a vacant seniors housing asset, and to sell the asset as a potential behavioral healthcare conversion following the re-zoning
Upon the investor securing the specialized zoning entitlements for inpatient behavioral use, Blueprint’s Behavioral Team quickly took the asset to market and procured an offer from a behavioral healthcare owner-operator who originally planned to purchase the asset, deploy capital improvements, and license the building as an inpatient substance abuse facility

However, during escrow, Blueprint was approached by an adolescent mental healthcare provider expressing strong interest in leasing and operating the property. Blueprint mobilized quickly and introduced the buyer to the prospective tenant resulting in the consummation of a NNN lease, closing on the real estate shortly thereafter. Blueprint subsequently sold the real estate again to a Private REIT as a NNN investment immediately after Seller had purchased the property

Within a single year, Blueprint encouraged their client to acquire this property and put in place enhanced zoning entitlements, assisted the subsequent buyer to structure a new long-term lease, and sold the property as a long-term triple-net leased investment. This purposefully iterative approach to value creation helped to increase the sale price of this property over 250% from its original valuation as a vacant seniors housing community


Tennessee Triple Play

Blueprint deploys targeted marketing strategy to transact vacant assisted living community with added zoning entitlements, pairs acquirer with tenant in lease, and sells NNN leased investment

Andrew Sfreddo

Gunnar Raney

Shane Harmon

bottom of page