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WICHITA FALLS, Texas — Blueprint HCRE has arranged the recapitalization of Countryside of Wichita Falls, a 50-unit senior living community situated in Wichita Falls.
The recapitalization included the introduction of new equity through a joint venture partnership.
Following the closing of the transaction — brokered by Amy Sitzman and Giancarlo Riso of Blueprint — the joint venture began the execution of a business plan that features that conversion of units to memory care, as well as physical and operational upgrades.
This marks the new joint venture owner’s first entry into the seniors housing sector.