The SeniorCare Investor to Host Webinar, Acquiring and Selling CCRCs and Independent Living Communities
The SeniorCare Investor will host an important webinar - Acquiring and Selling CCRCs and Independent Living Communities - on Thursday, November 14, 2019, at 1:00 PM ET.
NORWALK, Conn., Nov. 11, 2019 /PRNewswire-PRWeb/ -- Independent living communities and CCRCs have the highest average occupancy levels of all seniors housing sectors, but the lowest level of new development. Prices are high for IL, but many buyers remain focused on the need-driven aspect of assisted living and memory care. Independent living and CCRCs are becoming more need-driven, but in a different way from assisted living. Given the current operating performance in a market that is dominated by bad news on the occupancy front, these properties should be at the top of buyers' acquisition targets and should be seeing more development.
Our moderator, Steve Monroe, Partner and Managing Editor, will pose relevant topics such as: The prices that have been paid for IL communities; Who is buying IL communities, at what cap rates and why; Where the sellers are coming from; Why there has been a resurgence of CCRC expansions and developments; How the lending community is viewing these markets; and Whether there have been any changes in how they should be valued.
Join us in this dynamic webinar where we will be exploring the market for these historically two distinct property types that are becoming more alike each year. Most new IL communities offer three levels of care (IL, AL and MC) while CCRCs offer these as well with some of them backing away from the skilled nursing component. Hear from the experts where the acquisition market is headed.
Plus, you will have an opportunity to ask the experts your questions during the live Q&A. Our panel of experts will include Allen McMurtry, Executive Director, Cushman & Wakefield, Donald O. Thompson, Jr, Founder and CEO, Senior Living Communities, Jonathan Stern, Managing Director, Fundamental Advisors and Dan Lahey, SVP and Managing Director of Investments, Life Care Services.
If interested in this topic, then don't miss the live webinar on November 14, 2019, at 1:00 pm ET. If you are unable to attend the live webinar, a recording with be available the following day.
Please visit https://products.levinassociates.com/downloads/1911web/ or call 203-846-6800 for more information about this interactive webinar.
SOURCE The SeniorCare Investor
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