Blueprint Arranges Capitalization of $30M Assisted Living Development in Florida

KISSIMMEE, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the capitalization of Sage Park Assisted Living and Memory Care at Osceola Corporate Center, a $30 million seniors housing community currently under development in the Orlando suburb of Kissimmee.

Regional developer Providence One Partners and regional operator Watercrest Senior Living are building the 128-unit assisted living and memory care community. The three-story property will located on 3.4 acres within Osceola Corporate Center, a mixed-use project under development on 900 acres.

The developers plan to begin construction as soon as possible, with a targeted completion in late summer 2018.

Adam Sherman, head of Blueprint's Capital Solutions Group, was the lead advisor. The lenders were not disclosed.

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