Senior housing

Value-add

An assisted living and memory care facility co-GP investment

IRR
17%
Year invested
2022
Rochester, MN
Details
  • An assisted living and memory care facility co-GP investment
  • Business plan focuses on unit mix optimization which should lead to a 20% increase of revenue and significant cost savings
  • Despite the COVID-19 pandemic, occupancy at the property was stable with ~95% of beds occupied
  • All strategies
  • Value-add