Category: Uncategorized

How long does it take to turn around a struggling Assisted Living building?

The pandemic and recent economic and demographic trends have led to widespread financial hardships in the Assisted Living market. Many owners and operators facing rapidly depleting reserves are desperately seeking turnaround plans that to achieve or return to profitability. To properly prepare and budget for a successful turnaround it is important to understand the process and be realistic on the […]

Assisted Living Operational Turnaround

Financial trouble at Assisted Living projects is most commonly due to challenges with occupancy. While Senior Living Occupancy overall has been negatively impacted by the Covid pandemic, many well managed properties remained well occupied and profitable throughout these challenging times. To achieve and maintain high occupancy, Senior Housing Operators and Managers must understand the unique challenges and needs of their […]