Senior Living Investments

Senior Living Brokerage

  • Is Senior Living Even Real Estate

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    Is Senior Living even Real Estate? By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  I laugh sometimes when I talk with different investment groups trying to enter the industry. They rattle off all types of ad-hoc numbers and calculations from complex spreadsheets, and quote different terms and sophisticated verbiage from…

  • The Greatest Competition in Senior Living

    The Greatest Competition in senior living By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  When most people think of the greatest competition for a seniors housing community, they think of the impressive new development being constructed down the street or a community nearby undergoing a large renovation project. However, this…

  • Joint Venture Structures in Senior Living

    joint venture structures in senior living By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  I get a lot of questions regarding different structures for seniors housing real estate investment. Most of you are probably aware of the traditional sale-leaseback, or sale-manageback (RIDEA) in seniors housing. But, with private equity groups…

  • Senior Living Design Trends

    Senior Living Design trends By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com Throughout my career, I’ve been fortunate to have toured hundreds of seniors housing communities in markets across the United States. Like many others, I can usually estimate the year the property was built when I first drive around…

  • What is the RIDEA Structure?

    What is the RIDEA structure? By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  There’s been a lot of news lately about the RIDEA structure, but there seems to be some confusion on the make-up, utilization, and perceived benefits and risks of the structure. Within this article, I’ll examine the history of…

  • Per Resident Day Analysis

    Per Resident Day Analysis in Senior Living By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  Whether you’re creating a proforma model with varying lease-up and stabilization scenarios, or comparing the operating performance between different assets and operators, you’ve probably heard the term, “Per Resident Day” (PRD).  The PRD metric is…

  • Senior Living Development Feasibility

    Senior Living Development Feasibility By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  With the increasing number of seniors housing transactions trading at a large premium to the replacement cost (sometimes double), along with the increased availability of construction debt, there seems to be a renewed energy in the seniors housing…

  • Senior Living Cap Rates

    Senior Living Cap Rates By Scott McCorvie, CEO of Enhance Senior Living enhanceseniorliving.com | seniorlivinginvestments.com | srgrowth.com  If you’re involved in the senior housing real estate industry, you’ve likely heard the term ‘cap rate’ more than once. But, what is a cap rate? And, how does it affect the value of a senior housing property?…