Senior Housing News February 10, 2025
Transactions
Blueprint sells 222-unit SNF
Blueprint was contracted by nonprofit The Trousdale Foundation for the off-market sale of Westmoreland Health and Rehabilitation Center in Knoxville, Tennessee.
The facility was originally built in 1959 and experienced a census drop caused by the Covid pandemic.
According to a press release, a “growing regional provider” was selected as the buyer.
SLIB sells Michigan community
Senior Living Investment Brokerage announced its involvement in the sale of a 109-unit assisted living and memory care community in Saline, Michigan.
A press release states the community was developed in 2012 and 2016 and is located in a “desirable submarket” of Ann Arbor.
The release states the seller was a large, Michigan-based owner and operator, while the buyer...