Many investors are interested in senior care real estate these days. And why not? The demographic trend is obvious and the opportunities are exciting. Besides, investing in senior care real estate is a great way to provide a valuable service in a community while still generating good returns on your investment. There are at least four different ways you can invest in senior care real estate:
As an Owner/Operator. Purchase or develop a facility and manage yourself. You own the facility and you’re the boss. If you have experience in assisted living facility management, this may be the way to go. You keep all the profits but you also cover any losses, and day-to-day management is your responsibility. Senior Care Realty’s Brokerage Team can help you find an opportunity. If you choose to develop a new facility or purchase from another broker or seller, Senior Care Realty’s Acquisition and Development Team can guide you through the process.
Hire a Management Company. If you’re not looking for a job or responsibility for day-to-day operations, then hire a good management company to look after your facility. There are many high-quality property management companies that specialize in assisted living. And Senior Care Realty’s Property Management Team is available to cover your management needs.
Purchase a Net Leased Facility. Many management companies lease the facilities that they operate to maximize the use of their own capital, while investors hold the real estate. Leases are normally long-term and triple net. Senior Care Realty’s Brokerage Team normally has net leased facilities available for sale, and the company’s Management Team can provide asset management services to help monitor your investment and take care of the smallest details involved in ownership.
Joint Venture. Senior Care Realty forms partnerships and other arrangements to jointly own senior care real estate. Existing properties are purchased or new properties are developed. Joint ventures may be for single opportunities or individual assets, or they may involve a number of assets developed or acquired over a period of time. Properties available as joint ventures are generally those with substantial upside opportunity, or those with above normal cash flow opportunities.
For more information about investing in assisted living facilities and other senior care real estate, contact Senior Care Realty.
Tracy Hammer says
March 16, 2017 at 12:26 pmWe own an operating 310 room hotel on the San Antonio Riverwalk and looking to possibly Repurpose into an Assisted Living Facility. We would be looking for Joint Venture opportunity or Triple Net Leasing .
Lydel Wright says
September 14, 2017 at 2:04 amlets discuss
Mahmmod Muhamad says
July 3, 2017 at 8:47 pmI am a current MSN student at the University of Wisconsin Milwaukee interested in becoming an Owner/Operator. Please contact me with some potential sites for construction or properties for sale in the southeast or surrounding regions.
Thank you
Rachel Frampton says
September 11, 2019 at 5:12 pmMy grandfather has been planning to invest in a senior care real estate, but he’s quite hesitant because he isn’t sure if it’s worth the penny. Thank you for elaborating on the different ways that he can benefit from buying a senior care property. I think it’s best if he’ll hire a management company who’ll help him out to avoid stress on his part.
Mike Collins says
September 13, 2019 at 11:32 amRachel – I sent an email to you with some ideas. Investing in senior care properties can be a great way to generate investment returns and there are many ways to do so. But it’s very important to match your risk tolerance, appetite for active involvement, available capital, and much, much more. I hope my email was helpful and let’s stay in touch. Thanks. Mike