Blueprint Healthcare Real Estate Advisors was brought on by Anthology Senior Living, the senior living arm of developer CA Ventures, and their institutional joint venture partners to facilitate the sale of Anthology of Mason, a Class-A seniors housing community in Mason, Ohio. The community witnessed significant growth in 2023 in terms of rental rates and care revenue, along with a strong occupancy rate, all of which contributed to margin expansion throughout the marketing process.
Anthology of Mason, constructed in 2017, comprises 68 assisted living and 33 memory care units. Adjacent to the community is a parcel of land available for potential expansion. Anthology decided to divest the community as it no longer aligned with its collective capital deployment plan. The buyer, regionally focused not-for-profit operator Community First Solutions, will rebrand the community as Montage Mason.
Blueprint’s outreach efforts included Ohio-focused operators, developers and not-for-profits, as well as a subset of regionally-focused investors. A diverse group of bidders emerged, including an established and growing owner/operator, an all-cash institutional buyer and, ultimately, Community First Solutions. Alex Florea, Ryan Kelly and Connor Doherty of Blueprint handled this transaction.
