We are very optimistic regarding post pandemic occupancy in the Senior Housing market! Please see below for additional information and click here to check out our website.
Looking Ahead to a Bright Future
There has been quite a bit of change over the past couple of years. However, one thing has stayed consistent; our commitment to providing comfortable, affordable and comprehensive care to all of our residents throughout every property.
See what Seth Phillips, Vice President of Acquisitions and Exit Strategy has to say about Senior Housing Consultants’ bright future!
Vice President of Acquisitions & Exit Strategy
“It has been a great 2nd half of 2022 as we currently have 13 Asset Purchase Agreements in our due diligence phase, with plans to close on all by the end of 2022. Overall occupancy has continued to see very healthy increases over the past several months and we are very confident in all of the strong financial feasibility studies we are putting together. As we are looking for properties for our investment groups, it has become increasingly important to perform a very comprehensive due diligence. We have in-house expertise doing this, as many of these properties being looked at have had deferred maintenance due to other pandemic costs such as increased payroll, supplies and decreases in occupancy over the past two and a half years. We are working very closely with sellers, brokers and buyers to ensure any of these potential maintenance deferrals are addressed appropriately and fairly between all parties.
Equally important is the continued upkeep of community capital, monitoring of FF&E life span, as well as overall building upkeep. The facilities maintenance as part of SHC asset management services is integral for this assurance. This ensures a first-rate community when and if it comes time for investor exit.”
For more information about Senior Housing Consultants’ asset management services, please visit our website or contact us directly.
130 W Main St,
Solon, IA 52333
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