Franklin Communities Sells 269-Unit Senior Housing In San Antonio

The property involved in the transaction is a 269-unit seniors housing community located at 21802 Encino Commons in San Antonio. The asset, known as Franklin Park TPC Parkway, offers various levels of care for its residents. The property was sold by Franklin Communities to an undisclosed publicly traded REIT, facilitated by Blueprint Healthcare Real Estate Advisors.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: Not Disclosed
• Address: 21802 Encino Commons
• Market: San Antonio
• Seller: Franklin Communities
• Buyer: Undisclosed publicly traded REIT
• Brokers: Ben Firestone, Brooks Blackmon, and Lauren Nagle - Blueprint Healthcare Real Estate Advisors

Brooks Blackmon, Ben Firestone, and Lauren Nagle played crucial roles in managing the transaction for Blueprint Healthcare Real Estate Advisors. They successfully oversaw the sale of Franklin Park TPC Parkway, ensuring a smooth transfer of ownership from Franklin Communities to the REIT. Their expertise in the healthcare real estate sector was instrumental in bringing this deal to fruition.