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.