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ANTWERP, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Antwerp Manor, a 52-unit assisted living community in Antwerp, just across the state border from Fort Wayne, Indiana.
Built in 1920, the community was originally constructed as an elementary school and redeveloped into seniors housing in 2007.
The company that led the redevelopment took operational control of the community in 2018 after the previous operator declined its lease renewal.
The buyer, an Ohio-based owner-operator, plans to take advantage of the proposed rent increase to the Ohio Assisted Living Medicaid Waiver program. The price was not disclosed.