Senior Living Investment Brokerage
Scott McCorvie, CEO of Enhance Senior Living, descibes the senior living customer relationship management (CRM) platform and how vital it is to senior living. Since senior living is a people business, effectively utilizing a senior living CRM maximizes occupancy and overall 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 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.
Scott McCorvie, CEO of Enhance Senior Living, describes the RIDEA structure and how it changed the senior living investment landscape. This article describes the hisotry, uses, highlights, and risks associated to the RIDEA structure in senior living.
Scott McCorvie, CEO of Enhance Senior Living, discusses the important of per resent day analysis in senior living, along with the actual calculation and uses of the metric.
Scott McCorvie, CEO of Enhance Senior Living, describes how to determin the feasibility of any senior living development or renovation project. This includes the cost of capital, expected return, and overall feasibility calculation.