Senior Housing News April 24, 2024
Transactions
Blueprint advises on sale of Michigan community
Blueprint announced it advised a real estate investment trust in the sale of an assisted living and memory care community in Wyoming, Michigan on April 4.
According to a press release, the community was built in 2015 and consists of 102 units.
The seller selected a Virginia-based investor and its Michigan operating partner as the buyer, advancing its strategic expansion in Michigan.
Blueprint advises on sale of two Utah communities
Blueprint announced it was engaged for the sale of two assisted living and memory care communities as part of an exit strategy.
The 113-unit Salt Lake City and 75-unit Saint George communities were purchased in a transaction pre-Covid, but headwinds led to...