If you’re an investor with a significant portion of resources in the senior real estate market, it’s an exciting time for your portfolio... Especially if there’s a senior housing acquisition in your 2018 plans. As McKnight’s Senior Living reports, a Capital One survey reveals that 89% of participants believe “merger and acquisition activity in seniors
As a senior living CEO, strategic planning takes top priority on your to-do list as 2017 draws to a close. Across the industry, the fall season presents a time to review the past year and establish strategies to improve profitability—and one key activity in this process is finalizing your senior housing budget. From facility maintenance
When you’re new to the senior living market, senior housing conferences can appear to be a magic bullet. They’re a crash course on the senior living space that gives an opportunity to get acquainted with the niche, cultivate industry-specific knowledge, and walk away with strategies to meet growth goals. But just because your fall schedule
If your senior housing investment is yielding smaller margins and you’re not meeting your growth goals, you’re not alone. According to NIC, “the total annual return for this sector has been slowly trending down since mid-2014.” The organization also reports that returns on senior housing investments have dropped from 20.37% in 2014 to 12.05% earlier
It’s a feat to bring a new senior living development on the market...and ensure it produces a return on investment dollars. For a successful grand opening, you pour your time, energy, and resources into creating a superb community. From landscaping your grounds to furnishing your apartments, you invest in assets that close leases. But if
Senior housing is in demand. A recent survey by the National Real Estate Investor and NIC reports that senior housing investments outperformed apartment, industrial, office, hotel, and retail investments in attractiveness. And, if you’ve had success with other real estate investments, maybe you’re ready for a slice of the pie. Before you sink your hard-earned
Senior housing investors anticipate portfolio growth according to Senior Housing News, which cites a CBRE U.S. Seniors Housing & Care Investor Survey. But that’s only part of the senior housing investment picture. The report also states that 38% of investors say increased construction activity is a top concern for their industry...and maybe you can relate
Senior living CEOs focus on high-level goals to grow their portfolios. You create growth plans to meet the daily demands of high staff turnover, the threat of regulation and litigation, or the high acuity needs of an aging resident population. You craft strategies to attract valuable younger residents who often disengage from the sales process
As a senior living CEO, you’re responsible for increasing net operating income, and you’re no stranger to doing what it takes to ensure revenue is flowing and operations are successful. While it doesn’t help that NIC is reporting assisted living occupancy has hit lows from 2009 and that several senior housing markets have seen inventory
As a senior living CEO, the burden is on you to increase net operating income and revenue at your communities. That’s why, when occupancy begins to plummet, you aren’t afraid to discount your prices, cut your staff, or cut certain services. But strategies like these can only temporarily halt your revenue loss. Eventually, you’ll need
