By eporter on January 25, 2023
Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA
The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care
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Originally constructed in the 1960s, the community was positioned as one of the leading value-add providers and benefited from ~$500K of recent capital improvements
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Blueprint conducted a targeted marketing campaign, focusing exclusively on regional and local seniors housing operators and investors attracted to turnaround opportunities
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Following the initial marketing campaign, Blueprint selected a local owner and operator looking to grow their seniors housing footprint in the Tampa area, and worked extensively with all parties throughout the closing process |
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Meet Blueprint
Our innovative approach to investment sales intersects broad market coverage and unrivaled analytics. This formula for optimal transaction execution has awarded us the designation of leading healthcare real estate advisor with a proven track record of 570 transactions valued at $9.8 billion and comprehensive industry expertise in skilled nursing, seniors housing, and medical office.
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Posted in Breaking News, Companies & People, Post-Acute & Senior Living