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CHATTANOOGA, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 48-unit assisted living community in Chattanooga.
An institutional REIT sold the asset to an investor looking to grow its regional platform in the Southeast. The price was not disclosed.
The building was constructed in 2000 and historically has performed well, according to Blueprint.
Kyle Hallion and Brooks Blackmon led the transaction for Blueprint.