Senior Living Investment Brokerage
Scott McCorvie, CEO of Enhance Senior Living, describes the typical senior living brokerage and transaction process for senior living communities. This includes the investment sales brokerage model and typical transaction process for independent living brokerage, assisted living brokerage, memory care brokerage, and skilled nursing brokerage.
Scott McCorvie, CEO of Enhance Senior Living, discusses the primary valuation methods used in senior living. These valuation methods include the income approach, the sales approach, and the cost approach to value and how they are applied to senior living.
Scott McCorvie, CEO of Enhance Senior, discusses the 10 top most effective strategies to increase senior living operations, operational efficiency, operating margin, and operating income — while maintaining top quality of care, resident / family experience, and market reputation.
Scott McCorvie, CEO of Enhance Senior Living, discusses the Top 10 Ways to quickly improve occupancy performance in any senior living community. Since occupancy drives revenue, NOI, and operating margin, it’s important to utilize these strategies for maximum financial performance.
Scott McCorvie, CEO of Enhance Senior Living, discusses how to accurately underwrite any senior living investment opportunity. This article describes some of the best practices involved in effectively underwriting senior living and why it’s so important in the investment decision.
Scott McCorvie, CEO of Enhance Senior Living, discusses how senior living is different from other real estate segments as the management and operations play a major role in the financial performance and overall value. This article addresses the importance of selecting the right operator in senior living and why the real estate is actually less…
Scott McCorvie, CEO of Enhance Senior Living, discusses that the primary competition for any senior living community is not other senior living communities. But, actually the resident’s own home. Therefore, we must rely on connection and engagement to compete with home isoloation.
Scott McCorvie, CEO of Enhance Senior Living, discusses the Joint Venture ‘JV’ investment structure and how it is effectively used in senior living investment. If used properly, this investment structure provides strong alignment for both the owner and operator.
Scott McCorvie, CEO of Enhance Senior Living, discusses the history of senior living design trends along with the future of senior living design. This includes design for various product types and how to incorporate operations in the design process.