Andrew Sfreddo, Gunnar Raney, Shane Harmon and Colin Segner of Blueprint facilitated the sale of a seniors housing community in Roswell, Georgia, on behalf of a private real estate investor. The seller was seeking a buyer that would repurpose the community into behavioral health.
Within 14 days of launch, Blueprint secured a signed LOI with a leading Southeast-based provider of mental health and substance use disorder treatment services. Closing occurring 75 days later. The provider intends to repurpose the community into a residential behavioral health facility with 80 beds.
Blueprint and the incoming owner/operator shared a mutual relationship with a land-use attorney who helped the buyer obtain zoning approval directly from the City of Roswell, avoiding a public process and common entitlement hurdles in high-affluent Atlanta suburbs. The asset traded at $93,000 per unit.
