REBusinessOnline

Blueprint Negotiates Sale of 145-Bed Seniors Housing Community in Lodi, California

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The Ashley Place in Lodi, Calif., features 145 assisted living residences for seniors.

LODI, CALIF. — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Ashley Place, a 145-bed assisted living community in Lodi, located south of Sacramento and east of San Francisco. 

A single-asset owner-operator seeking to exit seniors housing sold the property for an undisclosed price. The buyer was a joint venture between a Northern California-based operator and Atlantis Senior Living.

The property does not currently offer memory care, so was marketed as a value-add opportunity for prospective buyers.

Blueprint’s Jacob Gehl and Scott Frazier led the transaction.

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