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CALIFORNIA — Blueprint has arranged the re-leasing of two California assisted living facilities totaling 232 units.
The landlord, a publicly traded REIT, engaged Blueprint to either sell or source a replacement tenant for the properties. The existing lease with the tenant was expiring and there were no plans to renew.
Ultimately, the landlord decided to negotiate a lease with an operator with which the company already had a relationship. Further details were not disclosed
The Blueprint transaction team consisted of Jacob Gehl, Humair Sabir and Scott Frazier.