Blueprint represented a not-for-profit client in the divestment of its seniors housing community in Wausau, Wisconsin. Founded in 1980 by the Diocese of La Crosse and acquired by Benedictine in 2012, Benedictine Living Community – Wausau comprises 82 skilled nursing and long-term care beds.
Connor Doherty and Ryan Kelly of Blueprint handled the transaction, positioning the value-add offering with distinct and material paths to upside. Blueprint marketed the offering to not-for-profit and for-profit providers, procuring five competitive offers from for-profit investors, owner/operators and REITs. The Ensign Group was ultimately selected as the buyer and rebranded the community as Wood Aven Health and Rehabilitation.