Researching locations for Senior Living Facilities is a vital part of our business. The nature of the market will tell us what type of properties & deals are available that meet our criteria. We look for Middle & High income properties and locations adhering to a strict set of guidelines.
We are currently actively looking or working on acquisitions in the following markets:
We typically purchase undervalued properties in Secondary and Tertiary Markets and our niche includes:
New Construction or not more than 15 year old
Development/ redevelopment opportunities
Located in or near population centers of 200,000 or more;
Property built or updated on/after 2000;
Site is a min. 5 acres, or as needed for expansion;
All residents are Private Pay;
Feasibility/Market studies must reflect need for Assisted Living and Memory Care expansion;
Under valued: Poor performance due to marketing and management deficiencies;
Pro-forma: Minimum yearly cash on cash returns of 12% at stabilization and minimum 5 year yield of 25% annualized ROI.
Our rapid growth is primarily due to strategic partnering with well established, experienced partners from around the Country.
We are always looking for experienced Venture Partners