United Church Homes sold its original senior care property in Upper Sandusky, Ohio, as part of its initiative to focus on lower acuity seniors housing services. First established in 1920 to house seven residents, The Fairhaven was later redeveloped and subsequently expanded into a large senior care campus featuring 99 licensed skilled nursing beds with an additional six independent living units.
The value-add property offered different paths to achieving improved performance, and Blueprint Healthcare Real Estate Advisors procured seven competitive offers from qualified acquirers with existing Ohio-based operating platforms. Vancrest Health Care Centers, a family-owned operator of 11 senior care centers in Ohio, was selected as the buyer for its expertise in acquiring and maintaining faith-based facilities. Vancrest also has a plan to build a new, state-of-the-art replacement facility on the surrounding property. Connor Doherty, Michael Segal, Ryan Kelly and Alex Florea handled the transaction for Blueprint.
