ALCORE OPPORTUNITY FUND
a unique confluence of events to deliver superior returns
For the first time, Alcore Senior is inviting accredited investors to participate alongside Alcore principals in acquiring senior housing properties in Alcore’s first Senior Housing fund. An opportunity to capitalize on the upcoming surge in senior population.
A unique set of circumstances has created a rare opportunity to enter the senior housing market at historically distressed prices in advance of the upcoming unprecedented surge in demand.
A temporary gap in the aged population caused by the drop in births during the second world war
The pandemic has hit the senior housing industry particularly hard with senior housing residents and staff accounting for nearly a quarter of all Covid deaths, resulting in wide spread financial losses
Staffing shortages have significantly impacted the industry; both the ability to adequately staff buildings as well as minimizing profit margins due to higher staffing cost
Sharp increase in new construction leading into pandemic has created an oversupply of new high-cost units
Alcore Opportunity Fund will seek to acquire underperforming assisted living properties at discount prices and utilize Alcore’s decades long operating experience to stabilize the properties and create value