By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors I’m a huge fan of leveraging senior living technology to improve the overall efficiency — along with the health, wellness, and vitality each one of our residents and their families. However, as an operator, …
Senior Living’s Greatest Competition By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors 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 …
Is Senior Living Even Real Estate? By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors 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, …
By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors During discussions with varying senior living owner/operators and smaller investment groups about their exit strategy, I hear the phrase, “portfolio premium” thrown around a bunch. But, I question if these groups really understand the …
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Is Stand-Alone Memory Care a Good Investment? Part 1 By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors Memory Care is the newest product type in senior living, and due to its specialized care and higher potential yield, it quickly grabbed the attention …
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Is Stand-Alone Memory Care a Good Investment? Part 2 Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors In the first segment of this two-part series, I discussed a brief history of the memory care product, as well as a summary of the programming …
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How to Underwrite Senior Living Investments Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors As demonstrated in some of the latest senior living acquisitions and announced development deals, there are a lot of new entrants into the industry. I’m sure these groups are …
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Lifestyle Living: The Hottest New Segment of Senior Living By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors There’s a new leader in the senior living spectrum that’s receiving the most attention. Although most refer to this segment as active adult, age-restricted apartments, …
Active Adult is Lifestyle Living – the hottest new segment in senior living Read More »
What is the RIDEA Structure? By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors 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 …
Underwriting Senior Living Real Estate Investments By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors This article describes the standard metrics used in correctly underwriting the financial analysis of senior living real estate investments Whether you’re creating a proforma model with varying lease-up …
