Last month, The Ensign Group announced its acquisition of a CCRC in Ottawa, Kansas, but now it’s been revealed that Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors represented the not-for-profit faith-based seller. Headquartered in the Midwest, the previous owner decided to divest the property because it was its only asset in the state. Operating from afar proved to be a challenge. Originally built in 1984 and expanded throughout the 1990s to include 93 skilled nursing beds, 71 assisted living units and 24 independent living units, the rental CCRC struggled to maintain stable census and staffing levels.

That will be Ensign’s challenge moving forward. Luckily, Ensign has experience purchasing senior care communities from not-for-profit owners, including in Kansas. In 2016, the company bought a 171-unit senior care facility in Kansas City, Kansas, from another faith-based not-for-profit. Similar to this transaction, occupancy was low too, at just 56%.