Blueprint Arranges Sale in Ohio
Blueprint Healthcare Real Estate Advisors announced it arranged the sale of a senior living community in Ohio to a local owner-operator.
The community – called Antwerp Manor – is a 52-unit assisted living community located in Antwerp Ohio that in 2007 was renovated into a senior living community after being built as an elementary school in 1920.
After the operator declined to renew its lease in 2018, the original developer took over operations. Now, the new buyer, an Ohio-based owner-operator takes over with an eye toward rent increases recently proposed to the Ohio Assisted Living Medicaid Waiver program.
SLIB Facilitates Sale in Washington
Senior Living Investment Brokerage announced it played a role in the sale of a senior living community in Shelton, Washington.
The community – a 54-unit assisted living community – sits on more than 3.5 acres and comprises more than 50,000 square feet. It was sold to a regional owner/operator located in the Pacific Northwest that plans to spend money on capital improvements as well as to add to the number of licensed beds.
SLIB’s Jason Punzel, Brad Goodsell, Vince Viverito and Jake Anderson handled the transaction.
Westmont Living Launches Health Care Partnership
Senior Living operator Westmont Living announed a multi-year partnership with August Health, an electronic health record platform specifically designed for senior living operators.
In the partnership, the entire 17-community Westmont Living portfolio will add the EHR to its operations.