A new firm led by senior living industry veterans, Scarp Ridge Capital Partners, is launching with a $300 million fund targeting value-add, opportunistic and distressed investment opportunities. “Scarp Ridge will look to leverage our many years of investing experience and industry relationships to be the partner of choice to owners, lenders, sponsors, and developers by […]
Turnaround Solutions
As new senior living construction starts to heat up in select metros across the country, repositioning existing communities could be a way for operators to stay competitive in a market that shows little signs of slowing down. During the third quarter, the number of assisted living units under construction rose 2% compared to the previous […]
As the senior living industry gears up for the next generation of consumers, some operators are looking to divest struggling communities in their portfolios while others are hiring third parties to maximize value in ways that will attract the boomers. Expanding resident services, activities programs, and staffing in general to a 24/7 business model can […]
The competition for distressed deals is heating up among entrepreneurial capital in the quest for high returns, but while it could get much hotter before new developments come online, more operators may look to shore up existing portfolios in 2013. “The number of properties with occupancy issues, or serious physical plant needs where capital needs […]