Blueprint was engaged by a Northern California owner/operator in its divestment of a seniors housing community in Central California. The community features 50 units of assisted living and memory care in Tracy. It was positioned as a value-add opportunity predicated on an incoming operator obtaining the Assisted Living Waiver Program certification.
Amy Sitzman, Giancarlo Riso and Scott Frazier handled the transaction, which included a highly targeted marketing process with significant interest. Under Blueprint’s advice, the seller selected a regional owner/operator that is well-versed in the California ALW Program as the buyer.
