top of page
Richmond Heights Place, a distinguished Continuing Care Retirement Community located in the suburb of Richmond Heights, Cleveland, has successfully undergone an acquisition. The property, featuring a total of 138 senior housing units and skilled nursing beds, was part of a strategic exit plan by the Seller, a West Coast-based owner/operator
Through its tailored marketing campaign, Blueprint sourced a well-capitalized private owner-operator seeking to expand and increase operation leverage within the Midwest region
The transaction, from the offer acceptance to closing, was swiftly executed in less than 55 days, showcasing the efficiency and effectiveness of Blueprint's strategic approach. This rapid closure led to a successful outcome for all parties involved, aligning the objectives of the Seller and meeting the expansion goals of the acquiring private owner-operator
The success of this acquisition underscores Blueprint's capability to deliver results in a timely and effective manner, reinforcing its position as a leader in real estate transactions within the Midwest region
Blueprint worked collaboratively with all groups to keep the transaction on track for a successful closing upon receipt of licensure and change of operator approval
bottom of page