By eporter on November 16, 2023
Blueprint deploys behavioral healthcare marketing strategy to assist senior housing owner lease existing asset to behavioral healthcare provider
| Blueprint’s Behavioral Healthcare and Seniors Housing teams joined forces to successfully advise a regional senior housing owner to market for lease an existing assisted living and memory care community to be converted to a residential mental healthcare center
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Located in Brentwood, Tennessee, a coveted submarket within the Nashville metro area, the current owner and new behavioral healthcare tenant executed a long-term lease with plans to convert the existing asset to inpatient mental health post capital improvement project and licensing
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Given the asset was vacant, Blueprint underwrote these assets as both seniors housing and behavioral healthcare conversion candidates and recommended that the seller deploy a behavioral healthcare marketing strategy given the strong demand from behavioral providers and need within the market
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Lease rate, term, credit and certainty of execution were three key components of the assignment. Blueprint procured three strong offers ultimately selecting one regional behavioral healthcare provider as the tenant |
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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 650 transactions valued at $11.25 billion and comprehensive industry expertise in skilled nursing, seniors housing, medical office, and behavioral healthcare.
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Posted in Breaking News, Companies & People, Post-Acute & Senior Living
