DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of an assisted living and memory care community in Dallas.
The property was built in 1996 and renovated in 2020.
The buyer plans to convert the property into a behavioral health facility. The seller and price were not disclosed.
Additionally, Blueprint helped introduce and secure a real estate capital partner for the behavioral healthcare operator. The two parties entered into a long-term, triple-net lease on the asset and the capital partner will provide renovation capital for the operator.