The Queen's Gambit
Sale of 64-Unit Assisted Living Community in Northeastern Ohio
Blueprint skillfully concludes long term sale-leaseback for high-net-worth family
Victoria House is located in Austintown, Ohio, approximately 10 minutes west of downtown Youngstown, and its 64 units include 84 licensed beds/72 operational beds.
The community was completed in December 2005 and features a secured specialty care wing for residents with Alzheimer’s disease and dementia.
Well-positioned in the local market, Victoria House has experienced consistently strong operating performance.
Blueprint successfully negotiated a lease of the community several years ago to well-respected regional operator, Continuing Healthcare Solutions, who now successfully exercised their purchase option to acquire the community.