Senior Living Investment Brokerage
A Strategic Guide for Operators, Owners, and Investors Executive Summary Senior living operators face increasing pressure from rising labor costs, inflation, reimbursement challenges, and heightened competition. While expense management remains important, the most effective operators focus equally on revenue optimization. Revenue growth in senior living extends far beyond occupancy. Successful communities implement a comprehensive strategy…
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 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.