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Reading: Memory Care Transactions and Financings: Merrill Gardens To Manage Multiple Properties; Blueprint Sells Three Communities
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P-HealthX > Blog > Senior Health > Memory Care Transactions and Financings: Merrill Gardens To Manage Multiple Properties; Blueprint Sells Three Communities
Senior Health

Memory Care Transactions and Financings: Merrill Gardens To Manage Multiple Properties; Blueprint Sells Three Communities

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Last updated: 2024/04/27 at 1:43 PM
By admin 2 Min Read
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Transactions

Blueprint recently advised a real estate investment trust in the successful sale of an assisted living and memory care community located in Wyoming, Michigan. The community, constructed in 2015, boasts 102 units.

Contents
TransactionsBlueprint advises on sale of two Utah communitiesManagement TransactionsMerrill Gardens named management company for multiple communitiesLCB takes over management of The Reserve at East Longmeadow

The sale saw the selection of a Virginia-based investor and their Michigan operating partner as the buyers, showcasing strategic expansion in Michigan.

Blueprint advises on sale of two Utah communities

Blueprint was engaged for the sale of two assisted living and memory care communities in Salt Lake City and Saint George, Utah. Despite facing challenges, the transaction was successfully closed between Pennant, the seller, and the outgoing operator.

Management Transactions

Merrill Gardens named management company for multiple communities

Merrill Gardens has taken on the management of three new communities in Missouri and Washington, including Murano Senior Living in Seattle and Merrill Gardens at Tukwila. Each community offers a range of amenities and care options to meet the diverse needs of residents.

Health Dimensions Group (HDG) has also announced the management of Country Manor Memory Care, implementing their specialized memory care program to provide personalized care plans and structured daily routines.

LCB takes over management of The Reserve at East Longmeadow

LCB Senior Living has recently assumed management of The Reserve at East Longmeadow, a community offering assisted living and memory care services with over 100 residential apartments. The community, opened in 2024, aims to provide top-notch care and support for its residents.

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admin April 27, 2024 April 27, 2024
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