Blueprint Arranges Sale of Five-Property Portfolio in Louisiana

LOUISIANA — Blueprint Healthcare Real Estate Advisors has arranged sale of a portfolio of five seniors housing communities located throughout Louisiana.

The Georgia-based owner-operator, which originally developed the communities in the late 1990s, chose to sell the properties to focus on its home-state portfolio. A joint venture partnership between California-based Griffin-American Healthcare REIT IV and Georgia-based Senior Solutions Management Group (SSMG) acquired the portfolio.

The price and specific names of the properties were not disclosed.

Brooks Blackmon and Steve Thomes facilitated the transaction for Blueprint.