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Welcome to Atlanta
Sale of a three-property assisted living and memory care portfolio in Metro Atlanta
Blueprint is pleased to announce the successful sale of a three-property assisted living and memory care portfolio located in Metro Atlanta. Blueprint conducted an exclusive sales process on behalf of a publicly-traded REIT that sought a strategic exit of non-core assets.
The regional portfolio comprised of three private pay communities built between 1998 and 2000 in prime locations around the Atlanta area.
While a relatively recent change in management companies boosted occupancy across the board, there was still considerable capex needs to better position the communities among the area’s new supply.
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