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, …
By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors In this segment, I’m going to discuss an often over-looked piece of technology that is really mission critical and such an integral part of the overall success of your community. Everyone agrees that a …
By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors In this segment, I’m going to discuss one of the most useful pieces of technology to quickly increase your occupancy, lower your monthly operating expenses, and improve the overall health and performance of your …
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Senior Living Cap Rates By: Scott McCorvie | CEO Vita Senior Living | Founder Generational Movement | Senior Living Investments | Senior Living Growth Advisors 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 …
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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