Twitter Beğeni Hilesi

"[Senior Housing/SNF Company] launched its [Company Name] Academy training program about a year ago with funding from a $3.1 million grant from the California Department of Aging." They have only 11 locations. This is a gross misallocation of funds.

“The best affordable housing is luxury housing from 30 years ago. Build more luxury and let it age. Now.” -grad school entitlements prof

“My IC has approved going hard on a distressed senior housing loan purchase on Monday morning. I know you are a senior housing expert - can you gut check my numbers?” (It was a Friday in the early evening.) I received this call from a distant friend/colleague with this urgent

Some of the best classmates I had at USC were vets transitioning to finance. I'd work with them in a heartbeat.

Dear Joko Widodo, I am visiting Indonesia in September to visit our suppliers. We are pleased with the quality of Indonesia's suppliers. Please let me know if you are interested in being interviewed regarding your efforts to further develop Indonesia. Thank you, Molson

Senior housing all-in rate (REVPOR) is a function of base rent + some level of care dictated by an assessment process. LOC is typically tiered pricing. Setting off of comps is problematic bc you never know how much the competitors dial down base and raise care or vice versa. Also

What every voter should know about housing policy 1. Rents reflect the balance of supply of apartments and demand for those apartments in a given area. That’s it; there’s no magic. If you want lower rents, you can hope for a recession that destroys jobs and, therefore, demand.

I happened to sit next to Russell on a dinner shuttle at the first Reconvene We discovered we were both Sacramentans and got back together after the conclusion of the conference on home turf. Russell touches many areas of industry…strongly recommend meeting up with him!

Son asked me why I am working tomorrow if it is a holiday? Senior housing never shuts down. If our people are working, I’m working. “But capital isn’t operations…” Capital that is that much divorced from operations isn’t a value add. I’ll sneak out for a violin lesson.

The art vs. science discussion continues. Truth is, as this article reflects, there really isn’t a single playbook for senior housing that “just works.” It’s highly variable.

I’ve appreciated watching Robert Sterling essays since 10/7. Keep them coming, as they will undoubtably continue to be needed.

Lenders checking in with borrowers. “There’s a weird noise going on here…” We’ll circle back.

“When was the last time you felt truly alive? I bet it wasn't while binge-watching Netflix…It was when you were challenged, when you were scared, when you were on the edge of doing something outside your comfort zone.” Always look forward to Dr. Julie Gurner in my inbox on Mondays.

Some of these were perhaps over exuberant in the last 4 years. There is still upward room if you weren’t ridiculous previously.

Welcome to senior housing, where assisted living is low/left but involves equal parts of property management (high/right).

Senior housing gets this wrong frequently. Doesn’t need to be an absolute separation, but if capital really wants to operate that badly…maybe go operate their own communities.