Blueprint Negotiates Sale of 133-Unit Community in Cleveland

by Jeff Shaw

CLEVELAND — Blueprint Healthcare Real Estate Advisors has brokered the sale of a 133-unit assisted living and memory care community in Cleveland.

A national owner-operator sold the community amid struggling occupancy. A private owner-operator seeking to expand in the Midwest acquired the property for an undisclosed price.

The new owner plans to reposition the asset as an affordable option using the Ohio Assisted Living Waiver Program.

You may also like