DAYTON, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 113-unit assisted living and memory care community in Dayton.
A partnership between a publicly traded REIT and a national operator sold the property for an undisclosed price. The operator was accustomed to lower-acuity residents and was looking to remove the undisclosed property from its portfolio.
Built in 1994, the purpose-built community experienced a recent shift in leadership and operational performance had declined as a result. The buyer was a private owner-operator looking to expand in the Midwest.
Ben Firestone, Michael Segal and Connor Doherty of Bluestone handled the transaction.