PENNSAUKEN, N.J. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ivystone Senior Living in Pennsauken, just across the Delaware River from Philadelphia.
The community features 100 independent living units, 43 assisted living units and 21 memory care units. The original physical plant was constructed in 1965, with additions to the property over the years.
Priority Life Care, a court-ordered receiver as the property was in bankruptcy, sold the asset to UNPPG Management LLC, a privately held owner-operator based in New York. The price was not disclosed.