LODI, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Ashley Place, a 145-bed assisted living community located in Lodi, located south of Sacramento and east of San Francisco.
A single-asset owner-operator seeking to exit seniors housing sold the property for an undisclosed price. The buyer was a joint venture between a Northern California-based operator and Atlantis Senior Living.
The property does not currently offer memory care, so was marketed as a value-add opportunity for prospective buyers.
Blueprint’s Jacob Gehl and Scott Frazier led the transaction.