Blueprint Arranges Sale of Two Communities in Pennsylvania

by Jeff Shaw

MAYTOWN and FAYETTEVILLE, Pa. — Blueprint Healthcare Real Estate Advisors, a brokerage based in Chicago, has arranged the sale of an assisted living community and a continuing care retirement community (CCRC), both in Central Pennsylvania.

The purchase price was not disclosed.

The assisted living community, Longwood Manor, is located in Maytown and comprises 70 units (116 licensed beds). Longwood Manor was originally built in 1999 and was expanded in 2013 by adding a memory care.

The CCRC, The Village of Laurel Run, is located in Fayetteville and includes 13 independent living cottages, 112 independent living, assisted living and memory care units, and 92 skilled nursing beds. The CCRC sits on 100 acres and was constructed in stages between 1977 and 2014.

The buyer was a partnership of a newly formed operator and a publicly traded REIT. The seller was a private investor group.

Blueprint’s Jacob Gehl was the lead advisor while Mike Segal and Ben Firestone assisted in managing the transaction.

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