Lloyd Jones Senior Living has been one of the most active acquirers of the year, so far, having just announced its sixth purchase in 2022. The recent target was Rittenhouse Village of Valparaiso, a 90-unit assisted living/memory care community built in 2009 in Valparaiso, Indiana. The historically profitable community was negatively impacted by the pandemic but started to rebound operationally.
Blueprint Healthcare Real Estate Advisors’ Brooks Blackmon, Ryan Kelly and Connor Doherty were engaged by a publicly traded REIT to market and sell the community. The property appears on National Health Investors’ most recent property list, with Discovery Senior Living serving as the operator/lessee, revealing NHI as the seller in this transaction.
After multiple offers were received, Lloyd Jones was selected as the buyer as they continue to grow their Midwest presence. Lloyd Jones’ acquisitions have been spread across the country, from Nebraska and Minnesota to Tennessee and Texas. Most recently, Brooks Blackmon, Kyle Hallion and Steve Thomes of Blueprint sold Hamilton Heights in West Hartford, Connecticut, the details of which you can read here.
