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Blueprint Negotiates Sale of Two Communities in Utah

UTAH — Blueprint Healthcare Real Estate Advisors has arranged the sale of two Class A assisted living and memory care communities in Utah.

The two communities, built by the same developer in 2011 & 2016, respectively featured similar layouts, each with approximately 90 units. Both were over 97 percent occupied at the time of sale.

An institutional investor sold the assets to a private equity firm for an undisclosed price. Avista Senior Living will continue to operate the communities following the sale.

The post Blueprint Negotiates Sale of Two Communities in Utah appeared first on Seniors Housing Business.

Source: Senior Housing Business

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