Originally envisioned as a 198-unit Independent Living, Assisted Living, and Memory Care community on 9.6 acres, the project was approximately 60% complete when development stalled.

Blueprint launched a comprehensive marketing effort, targeting both seniors housing operators and developers, as well as multifamily groups exploring adaptive reuse options.

After a years-long process and multiple offers, including two that tied up the asset prior to closing, the ultimate buyer emerged: Moody National Companies, a Houston-based developer with a strong track record in multifamily investments. While initially exploring alternate uses for the property, Moody ultimately elected to complete the development as originally intended – a purpose built seniors housing community.

With demographics strengthening and absorption of Independent and Assisted Living units trending positively, the project’s fundamentals supported continuing the original vision and maintaining its existing zoning.

In the final analysis and given the tremendous improvement in the Independent and Assisted Living market, Moody National Companies plans to complete the project as designed and subsequently offer it for sale or lease to a manager/operator positioned to bring the community online.

Throughout the extended process, Blueprint remained a steadfast advisor, working together with two well-respected lending institutions and their counsel to navigate challenges, evaluate options, and drive the transaction to completion.

The sale successfully closed in October 2025, concluding a multi-year, highly complex assignment.

This transaction underscores Blueprint’s persistence, creativity, and commitment to seeing every deal through—no matter how challenging the path to closing.