ATLANTA — Blueprint Healthcare Real Estate Advisors has brokered the sale of a three-property assisted living and memory care portfolio in metro Atlanta.
A publicly traded REIT looking to divest non-core assets sold the properties to Artemis Real Estate Partners. Neither the price nor the specific communities were disclosed.
The regional portfolio features three private-pay communities built between 1998 and 2000. Artemis has hired Allegro Senior Living to operate the communities. It will be Allegro’s first communities in Georgia, and also mark the launch of the company’s new Alto brand of seniors housing properties.
Ben Firestone and Michael Segal were the lead advisors on the transaction.