Illinois Hard Money Deal - Close

750

None

Illinois

Our Senior Living company seeks to purchase the Perfect Care Senior Living Facility. We see a massive demographic shift is underway in the United States which will see the older population with significant increases to 70 million people by 2030, from its current 40 million, when more than 20% of the U.S. population will be over the age of 65. I have been involved in the Healthcare Management of Assisted Living, Independent Living, Memory Care, and Skilled Nursing. Over the years I have directly and indirectly been the nucleus of turnarounds for over 20 properties. As a proven business leader, I can pull all the necessary systems and people resources together, to make the Americus GA property operate with higher revenues and expenses that are industry compliant. As a result, we have the Americus GA Property with NOI over $350,000 (before debt service). I, along with our Management wing, will be on the ground once the purchase has been completed to execute direct changes in operations & setting consistent performance standards. We have been consulting with their current Executive Director, on site, and the property is already approaching 100% occupancy.