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LITTLETON, N.H. — Blueprint Healthcare Real Estate Advisors, a brokerage based in Chicago, has arranged the sale-leaseback transaction of Riverglen House of Littleton, a 50-unit assisted living community in the White Mountains of New Hampshire.
Summit Healthcare REIT purchased the fully stabilized community for $8.5 million from Riverglen House of Littleton LLC, which built the facility in 2002. Riverglen House will continue to operate the community.
Tim Cobb and Steve Thomes were lead advisors on the transaction, which represents approximately $170,000 per unit.