A boutique 12-unit memory care community in Orange County, California sold to a local owner/operator in a transaction facilitated by Jacob Gehl, Ben Firestone and Scott Frazier of Blueprint Healthcare Real Estate Advisors. Its owners, a joint venture between a REIT and a national operator decided to sell as a part of a larger portfolio disposition strategy.

Originally opened in 1983, the community will be substantially renovated by its new owner, which is looking to expand its Southern California presence and is making its first Orange County acquisition.