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MILWAUKEE and GREEN BAY, Wis. — Blueprint Healthcare Real Estate Advisors has brokered the sale of 12 seniors housing communities in the Milwaukee and Green Bay metro areas.
The properties span nine campuses totaling 279 units of assisted living and memory care. Despite underperforming at time of marketing, the portfolio was historically well-occupied and cash-flowing, according to Blueprint.
A public REIT sold the assets to Adava Care for an undisclosed price.
Kyle Hallion, Lauren Nagle and Brooks Blackmon led the Blueprint team.