Senior housing in the independent-living sense means age-restricted residential communities, often 55-plus, serving active older adults who can live independently but want the lifestyle, amenities, maintenance-free living, and community that purpose-built senior communities provide.
Log in to followA broker sent me a 60-unit building he's calling independent living. The rent roll reads like apartments, $1,650 average, tenants sign a normal-looking lease, and there's a room w…
148 units, purpose-built 55-plus, no dining room, no care of any kind. In-place rents average $2,150 and my model runs total operating expenses at 32% of EGI, call it $7,900 a uni…
County seat, population 9,100, county total around 31,000. Census-type numbers put the 65-plus count in the county at roughly 4,100 and median household income for 65-plus househo…
Someone forwarded me a private placement on a 132-unit active adult community. Sponsor is raising $9m of what the deck calls preferred equity, 8% pref, then a 70/30 split after a…
Our 88-unit age-restricted rental has residents aging into needing a little help, and we're losing them to an assisted living 20 minutes away at roughly double the monthly. The pi…