Blueprint was brought on by a publicly traded REIT to facilitate the sale of an assisted living community in Lakeland, Florida. At the time of marketing, the community’s performance was trending back upward following a decline in 2020 and 2021. It was built in 2001 and occupancy was around 85%.
Blueprint marketed the deal as an opportunity for an incoming investor with regional expertise to capitalize on economies of scale and expand upon a Florida footprint. The ultimate buyer was a local owner/operator actively acquiring in Florida. Brooks Blackmon and Lauren Nagle handled this transaction, which closed within three months of executing the letter of intent, in all cash.
