We are former hedge fund managers who created a hybrid real estate fund in 2015 and successfully managed it as a lender to developers.
We learned development as lenders to developers.
Senior housing is a dynamic and growing niche of the real estate business, with growing demand, weak supply and lower sensitivity to interest rates.
We learned how to assemble the correct team of development professionals, architects, engineers, lawyers, contractors and others to bring a successful product to market. We specialize in Class-A site selection through entitlement for properties to be used for multifamily development.
We are boutique developers of senior housing.
The profound growth dynamics of the U.S. senior population and the success of the U.S. seniors housing industry create a powerful investment environment. The rate at which American Seniors are retiring is truly staggering. The number of Americans 65 and older will increase from 56 million in 2020 to 79.2 million by 2035, due to the emergence of Baby Boomers into the age of retirement. Such a vast increase only creates a greater demand for Senior Living Facilities.
As the elderly population grows, the rate of senior housing new construction is not keeping pace. Units under construction began a significant decline in 2008 and continued to fall through 2011 with only modest growth through 2014. When these two dynamics are married, the need that is left unaddressed is the growing market for newer and better facilities/communities tailored to emerging retirees.
