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Blueprint Negotiates Sale Of 78-unit Community In Katy, Texas

KATY, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of an assisted living and skilled nursing facility in Katy, a suburb of Houston.

Opened in 2018, the facility consists of 70 short-term rehab beds and 34 assisted living beds scross 78 units. The community maintained a steady lease-up trajectory that was quickly halted due to industry-wide COVID headwinds that caused statewide decreases in elective surgeries. With a minimal amount of dually certified beds, the seller struggled to turn a profit, according to Blueprint.

The seller was a privately held investment and development firm. Ignite Medical Resorts acquired the property for an undisclosed price.Amy Sitzman, Michael Segal and Giancarlo Riso led the Blueprint team.

The post Blueprint Negotiates Sale of 78-Unit Community in Katy, Texas appeared first on Seniors Housing Business.

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Blueprint Negotiates Sale Of 78-unit Community In Katy, Texas

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