RECAP: NIC National Conference 2015

Earlier this month, the JCH Team attended the NIC National Conference in Washington, DC. Over 2,400 industry professionals were in attendance, surpassing the usual census of 2,000 attendees.

With about a 35 percent increase in attendance, everyone was eager to hear about the latest market trends in the senior housing industry, strike up new relationships and chase deals in the senior housing market place.

Opportunities Are Abundant

During the conference, members of senior housing brokerages, operators, and those looking to buy healthcare properties as well as list care homes for sale were able to meet, ask questions and get a true sense of what types of opportunities were available.

These meetings revealed a huge appetite for both skilled nursing facilities and assisted living facilities for sale. Some common questions potential buyers and investors asked were:

  • What type of product was it? In what region was it located?
  • Were these assets distressed or performing?
  • What was its current valuation and cap rate?

Most attendees were able to fit in nearly 30 individual meetings during the annual conference. With over 2,400 people in attendance, buyers and sellers were quickly able to make well-informed decisions regarding assisted living and skilled nursing facilities for sale.

Expect New Facilities and Companies in the Near Future

Despite plenty of chances to buy an assisted living facility for sale or buy healthcare properties, there is a large uptick in current construction and planned construction projects in the pipeline.

One sign of a very strong market is that existing employees of operators are choosing to open their own companies with financial backers in hand. Oftentimes, these investors and operators come from a knowledgeable background in the senior housing industry as individuals who held regional positions or low-level executive positions at larger companies.

New operators want to get involved, building their own healthcare properties as senior housing investments.  In addition, with plenty of debt and equity in the marketplace, seasoned operators have a robust pipeline of acquisitions and construction projects ready to go.

The JCH Group’s Take: Solid Outlook Despite Small Corrections

There is still some concern regarding the sudden outburst of new construction by inexperienced players entering the senior housing industry. This poses a threat to the general valuation and pricing of assets, as poorly designed facilities may be built in oversaturated markets.

We generally have concluded this concern is more of a hiccup than a market shattering correction. Seasoned operators will likely have to take on these projects down the road at reduced pricing, but because of the robust nature of the marketplace and the abundance of debt, equity and opportunity, the senior housing industry will experience no market-shattering correction.

The JCH Group is a premium senior housing brokerage, specializing in high-profile deals and complex transactions. Our team provides free business valuations, expert insight and immaculate planning so that you receive exactly what you want out of your senior housing investments.

To learn about how to make your assisted living investment a cut above the rest, contact one of our experienced investment specialists at the JCH Group today!

Senior Housing Development

The senior housing space is full of opportunities as demand for assisted living facilities for sale and other healthcare properties grow. Developing new properties has become a hot topic. Many want to know how much is occurring, where these facilities are being built and if too many are being built.

Though the long-term outlook of supply and demand remains bullish, hasty development from rookie players may cause short term occupancy issues.

Inexperience Clouds the Senior Housing Space

Experienced developers and operators know when to pass or take on an assisted living facility development project. However, developers who lack experience and are eager to turn a quick profit, have entered the senior housing space to build assisted living facilities and other healthcare properties. Even worsening this potential issue, most experienced operators currently have their project development pipeline as full as they can handle.

Most of the new developers in the space are receiving funding from smaller regional banks that also have little to no experience with senior housing, they are funding projects that more experienced banks choose to forgo.

The majority of these inexperienced developers expect today’s unprecedented cap rates to remain for the length of their short term holds, typically three to five years.  Calculating your internal rate of return based upon today’s cap rates for an exit in three to five years is a rather large gamble in our opinion.

Hasty Builds Result in Subpar Products

With rapid inexperienced development, the senior housing space may bury itself with poorly designed facilities that are difficult to fill in certain markets. While this will most likely create short term occupancy issues, the long-term outlook remains favorable.

Though certain markets are beginning to become saturated with new facilities, because senior housing remains a need-driven asset class, demand will always grow, and these facilities will eventually fill.

One market segment we are seeing a lot of attention being given to is stand-alone memory care facilities, while these types of facilities typically do very well, an oversaturation of these beds will likely take even longer to absorb than conventional assisted living beds.

Once development levels out, we may see an increase in distressed assisted living properties. Seasoned operators will have an opportunity to acquire these facilities at pennies on the dollar and hopefully fill them as absorption rates grow.

In summary, while new product is definitely needed in senior housing, long term development holds will create the greatest returns and outcomes for the industry. The short term plays that are IRR driven may create the bulk of the development issues down the road.

The JCH Consulting Group for the Right Deal

Taking the time to research, plan and consult pays off when it comes to residential care homes for sale. The JCH Consulting Group is a senior living brokerage dedicated to finding viable facilities that serve their residents with proper care and remain profitable for operators.

Our team of experts can help you distinguish which deals to pass, which to take and what to do next, each step of the way.

Whether you are looking to put your retirement home for sale or buy assisted living facilities, the JCH Group provides an intelligent method to business in senior housing. To learn more about how our team can assist your next transaction or to receive a complimentary valuation of your property, contact one of our representatives.

Increase Profit Margins

As the economy improves, senior housing facilities are experiencing increasing expenses. These rising costs cut into profit margins and operators are left trying to find ways to recover lost profitability.

In the past year alone, margins were reduced to an average of 32 percent in assisted living and Alzheimer’s care facilities. Some operators may be tempted to throw in the towel and list assisted living properties for sale, taking a moment to assess this situation as an opportunity that may provide a competitive edge might be a better option.

Expenses Rise as Economy Improves

Current operators should understand where these increased expenses are derived, while operators looking to buy assisted living facilities should take into consideration these increasing costs. The largest factor in rising costs pertains to labor, which is commonly the single largest expense line item on any profit and loss statement.

Specific to California, minimum wage is increasing over the next five years which has put upward pressure on all brackets of pay. In addition, the Affordable Care Act mandates that employers contribute to the costs of healthcare plans for their employees. These two changes alone account for significant increases in expenses which equates to a drop in profits.

With more job opportunities available, caregivers and other employees have positions with higher pay and better incentives available to them. This means operators are not only compete against each other but outside industries to hire the best staff possible.

Another area of increased costs is raw food and utilities. These expense line items are now averaging about $6-7 per resident per day.

Capital expenditure investments have also surged. These include improvements and repairs to existing facilities, which cost between $3,000-5,000 per unit, per year. This is a rather dramatic increase, but necessary in order to keep the physical plant clean and attractive, particularly for older assisted living facilities for sale.

Remedy Shrinking Margins by Increasing The Revenue Line

To keep up with shrinking margins and increasing expenses, there must be an increase in the revenue line through rental rates. An increase of eight to ten percent is projected to keep profit margins where most senior housing operators are comfortable.

Because a higher level of care justifies a raise in rental rate, need-driven facilities fare best with these increases. Families are willing to pay for services their loved ones need, no matter the cost. Assisted living facilities that offer a wide range of care services usually experience the least resistance from residents when raising rates.

The JCH Group Gets You through It

The changing environments of the economy and senior housing marketplace can pose a number of challenges. The JCH Consulting Group is a skilled nursing and assisted living brokerage that has succeeded in guiding operators through difficult times.

As a healthcare brokerage specializing in complex transactions, the JCH Consulting Group is your resource for real-time information and expert insight. Our team consults with individuals searching to buy skilled nursing and assisted facilities as well as those listing skilled nursing and assisted living properties for sale to find and build the best opportunity for your vision.

To learn more about how the JCH Group can assist you, contact one of our expert team members at your convenience.

Taxes And Proceeds
Form The Sale

Disclosure: The JCH Consulting Group is not an accounting firm. The following are merely the opinions of the JCH Group and is not intended as tax advice. Any concerns about your taxes should be directed to your CPA and tax advisers.   

Your senior living brokerage has worked with you to find the right buyer for your assisted living or skilled nursing facility for sale. The transaction proceeded without any problems. You closed the sale, but now what to do with the profits? This is not a position you want to be in. It is important to plan ahead in regards to the proceeds of the sale.

This is a common question many sellers in the senior housing marketplace have. When multi-million dollar sales occur, even the smallest taxes and fees can equate to large numbers.

When it comes to your profit, what to do next largely depends on what your goals are after closing and your current tax position.

The Popular Choice

Many opt to have taxes deferred through a 1031 exchange. The 1031 exchange allows you to move the real estate value including debt and equity, of your current facility to that of another income producing real estate asset.

This is a great option if you are about to close a transaction on skilled nursing or assisted facility in order to buy another skilled nursing or assisted living facility. The 1031 exchange also benefits those choosing to retire and are in search of a more passive investment. This strategy allows you to step away from the day to day operations of a senior housing facility sand invest in an asset that demands less of your time and effort.

Avoiding Larger Taxes in the Future

If you don’t choose a 1031 exchange, when a sale is completed in the senior housing marketplace, capital gains taxes generally apply. The federal portion is 25 percent. The state tax varies by state, but in California, it stands at 13 percent. In total, transactions that take place in California are subject to 38 percent capital gains tax.

The general forecast for taxes is that they only increase over time. Because of this, some sellers in today’s market are choosing to pay the current capital gains taxes, 38 percent tax is better than a 40 percent or even 50 percent tax potentially in the future.

This option is ideal for those planning to retire by listing all their senior housing for sale or settling an estate. It is much simpler to settle the estate at present value and have it available as a liquid investment for family members in the future.

The Best Guidance from a Skilled Nursing or Assisted Living Brokerage

The JCH Group has had phenomenal experience making each transaction as lucrative as possible for all the parties involved. Our team delivers the best care homes for sale for your growing portfolio.

The JCH Consulting Group guides you through the process from beginning to end, so there is nothing you need to worry about. During the sales process, the JCH Group can connect you to the right professionals to ensure that your wealth is preserved.

For your complimentary asset valuation or to learn more about the resources available at the JCH Group, contact one of our team members at your convenience.

The What and Why of Capitalization Rates

Capitalization rates, or cap rates, are a valuation tool used in the senior housing market and commercial real estate in general. They become an important number to those searching to buy healthcare properties and one that your preferred skilled nursing brokerage should be able to calculate without error.

Cap Rates are Important
in Determining Value and Risk

Capitalization rates are expressed in percentages and are a ratio between the net operating income (NOI) and the current value of an asset.

It is important to understand cap rates because appraisers use them for valuing cash flows in the income approach valuation method. The income approach is the most common method of valuing performing assets. If you are an individual considering listing your assisted living properties for sale, knowing the appropriate cap rate for your facility is a fundamental starting point in tailoring your marketing approach for those searching to buy assisted living facilities.

Cap rates represent the perceived amount of risk in any given asset. Standard finance rules state that the lower the return, the lower the risk and the higher the return, the higher the risk. People are willing to pay more for a safer buy, meaning congregate care facilities for sale with lower cap rates are perceived as having less risk and more desirable. As a seller in today’s market, this means you can list your healthcare properties at a higher price.

Calculating the Correct Cap Rate

Cap rates are calculated using the net operating income and current value of an asset. NOI for the purpose of this calculation is referred to by the acronym EBIDTA, which stands for Earnings before Interest, Depreciation, Taxes (income taxes) and Amortization.

A common mistake people make when calculating the EBITDA of their assets is failing to include a 5% management fee and real estate taxes in the expenses. For an accurate valuation, management fees and real estate taxes must be deducted from the NOI before using that number in the cap rate calculation.

Assisted living facilities have historically had lower cap rates than skilled nursing facilities because the majority of assisted living income is driven by free market and private pay whereas skilled nursing facilities are primarily driven by government reimbursement. Many may argue this, but the general market place views assisted living as having less risk potential than skilled nursing facilities.

Today, assisted living properties for sale and SNFs for sale have lower capitalization rates than recent years. Assisted living assets have dropped from the traditional eight to ten percent down to six to eight percent. Skilled nursing assets are down to 10 and 11 percent from 12 to 14 percent in past years.

The JCH Group for Professional Assistance

When capitalization rates are improperly calculated, opportunities pass by. It is a crucial number to know for your healthcare properties.

The JCH Group is a skilled nursing brokerage dedicated to designing the best deal possible for your growing portfolio. We are your best resource to find the right assisted living properties for sale.

At the JCH Group, our team members walk you through the process and provide an accurate valuation of your asset free of charge. Contact one of our specialists today.

Leasing a Skilled Nursing Facility or Assisted Living Facility

Whether it’s smarter to lease a skilled nursing (SNF) or assisted living facility (ALF) or purchase a SNF or ALF for sale is a question that comes up frequently for senior housing brokerages. Everyone would prefer to own the underlying real estate to their operations, however, there are benefits to leasing over purchasing a skilled nursing or assisted living facility. The decision depends on where the operator is at in their acquisition cycle and what is currently available in the market place. The benefits of leasing or buying a skilled nursing or assisted living facility can vary greatly.

Benefits of Leasing a Skilled Nursing or Assisted Living Facility

The transaction to lease a SNF or ALF typically can close much faster than the transaction to buy SNF’s or ALF’s simply because there are fewer components to the transaction and typically lower purchase prices.

Fortunately, in the SNF arena, lease opportunities are abundant for skilled nursing operators currently on the acquisition hunt.

Leasing SNFs and ALF’s also allow smaller operators to grow quickly, building a portfolio with multiple healthcare properties under their management. Operators may lease these facilities from small single asset investors, private equity investors or even large publicly traded REIT’s. Leasing from larger institutions allows for greater deal flow for the operator as well as allowing them to be very competitive on the purchase price.

There is generally less liability for operators choosing to lease. Operators report to the landlord and not the bank, which also opens up the ability for landlords to help operators in moments of crises.

Disadvantages of Leasing

The majority of the value for skilled nursing and assisted living facilities lies in the real estate. The actual business typically only accounts for 20 to 30 percent of the total valuation. As a leasing operator, the margin for increasing your equity position is much lower in the business versus the real estate.

Additionally, financing these leasehold acquisitions can be difficult. Potential buyers may have the option to negotiate seller financing, otherwise they will need to find mortgages to finance the leasehold purchase or pay all cash. The downside to leasehold mortgages is that often landlords will not allow them and the terms are often strict and unfavorable with high interest rates and the loans are usually due within five to 10 years.

Leasing operators are typically bound to the triple net (NNN) lease, which holds them responsible for all repairs within the building, insurance and the real estate taxes. Occasionally repairs can be extremely expensive, costing the operator money for a building they do not own. 

Leasing to Purchase

In the end, if you do decide to lease a skilled nursing or assisted living facility, we highly recommended that you attempt to negotiate a purchase option with the landlord.

A purchase option allows you to acquire the building and real estate at a pre-negotiated formula or price. At the very least, you know that the investments you make into the building belong to you in the long run and not the landlord.

If you cannot obtain a purchase option, try for the right of first refusal. This means that when the landlord decides to sell the real estate, you have the first chance at buying it.

Your Choice for the Premier Skilled Nursing and Assisted Living Brokerage

The experts at the JCH Group know the senior housing marketplace better than anyone else. As a leader in senior housing transactions, your team at the JCH Group can provide you with intelligent information so you can make the best decision possible when it comes to your healthcare properties. Call us today for a free market analysis of your facility or the facility you are thinking about purchasing.

What To Do Before Selling a Skilled Nursing Facility

Once a buyer is found for your assisted living and skilled nursing properties for sale, the pressure is typically on the buyer to close the deal in a timely fashion.  As the seller, there are several ways to speed the sales process along and maintain the pressure on the buyer to close quickly.

Preparing Your Physical Plant

Chances are your potential buyer has already visited several different skilled nursing facilities or assisted living facilities for sale. Your facility can cut through the competition with low-cost upgrades.

Improve the buyer’s first impression by giving the facility a good deep cleaning inside and out. A fresh coat of paint cleans up scuffmarks and small damages both inside and outside of the building. Reseal the asphalt of the parking lot with a slurry coat, making it look new and smooth. Keep landscaping alive and attractive with regular maintenance.

Ensure that all capital systems are in working order, including heating and air conditioning, plumbing and electrical. Since the buyer will check upon these systems in any case, know the status of these systems and keep records on hand.

Preparing Documents

Anytime buyers consider care homes for sale, all information regarding the business and its physical plant must be disclosed by the seller.

It is within the seller’s responsibility to attend to all life and safety issues present in the facility. A preliminary title report discovers problems with ownership, easements, liens etc. Most of these issues can take a considerable amount of time to resolve, so it is best to pull a preliminary title report as soon as you decide to sell. This is usually a free service as long as the seller is inclined to purchase the title insurance made available by the service provider.

Documents sellers should have ready to provide include financial information for at least the past three years of operation. This information consists of census reports for skilled nursing facilities for sale and rent rolls for assisted living facilities for sale.

Take inventory of the facility as well, which is helpful in detailing what personal property is included in the sale and what is not, such as personal paintings, furniture, computers and other equipment. Whatever is not included should be removed from the premise.

Prepare for Risk Management

Tail insurance is important to have for anyone listing senior housing for sale. For example, in California and other states, lawsuits can be filed up to two years after the incident, holding the seller responsible for that duration of time after the sale.

In addition:

      • Order a three year loss run from your insurance carrier, the buyer will need this to generate a new insurance policy
      • Disclosing all pending lawsuits at the time of the sale will save you time and energy down the road.

Buyers today turn to sophisticated lenders and equity sources that require in-depth due diligence. Starting to collect as many of these items at the beginning of the sales process will help eliminate issues down the road. JCH has a firm understanding of what is required and is here to help during this process.

The JCH Group Delivers Industry Leading Service

The JCH Group is one of the leading senior housing brokerages in the country. Our team  is here to help throughout the sales process from the very beginning, to the very end, no matter how short or long this process may be.

For more information on how the JCH Group can help you, contact one of our skilled representatives at your convenience.

Managing A SNF

due_dilligenceWhen an assisted living facility for sale or a skilled nursing home for sale acquires new management, operators may experience fluctuations in profit and productivity during the transition period. Whether you are a new operator or one looking for ways to elevate your skilled nursing facility, operating a profitable SNF is no mystery. Simply stated it depends on constant marketing efforts, reliable staff and compliance with state regulations.

Licensing and Surveys

From the moment you buy a skilled nursing facility, know what documentation you need to stay in compliance; most importantly, hire qualified people to keep Medicare and Medicaid certifications and licenses in good standing.

Raise Your CMS Star Rating with Patient Care

The CMS star rating, which is a five-star rating system, is extremely important to attract Medicare patients. Most profitable SNFs for sale rate on the higher end, 4-5 stars, which is where your SNF should always be.

One of the critical components to a high star rating is the amount of nursing hours a patient receives. At a minimum, about 3.4 hours per day should be spent per patient, the higher you go above this, the better your rating. This means the more money you spend on staffing; the higher star rating your facility should receive.

Build Connections with Nearby Hospital Staff to Increase Census

Maintaining close relationships with doctors and discharge planners at local hospitals is of utmost importance. Your relationships with these people become invaluable as they act as a feeder source for new patients, referring most of their patients to your skilled nursing facility.

Strive for a high percentage of Medicare patients, anywhere between 25 to 40 percent and fill as many beds as possible. This will increase the value of your skilled nursing or healthcare facility when the time comes to sell.

Spend Money to Make Money

Profitable skilled nursing facilities also have a high Medicaid rate. Also known as Medi-Cal in California, this rate is achieved through cost reports. Showing the department of health that you spend money on labor and other ancillary items will help to drive this rate up.

Because a facility’s Medi-Cal rate is derived from cost reports from two or three years ago, it is crucial that you start as soon as you can.

Elevate the Features of Your SNF (Skilled Nursing Facility)

A clean, modernized and technologically updated physical plant attracts patients. Most profitable SNFs carry a state-of-the-art physical therapy room and a team of exceptional physical therapists.

Other skilled nursing facilities feature a subacute unit or pediatric unit. These additional units do boost profitability, but greater liability risks come with the higher level of care needed.

Hire the Right Staff

Any successful skilled nursing facility depends on the abilities of their administrator, director of nursing and billing department. Your billers are especially important in retaining profit. SNFs are reimbursement models, therefore paperwork completed incorrectly will result in the loss of money and resources.

Fill these three positions with knowledgeable, experienced and capable people and your facility’s bottom line will increase.

Find Your Next Skilled Nursing Facility with The JCH Group

Operators of profitable SNFs generally started with the most experienced skilled nursing brokerage. The JCH Group consistently delivers the best results when it comes to senior housing for both sellers and buyers. As your best resource in the senior housing marketplace, our team is available for you for consultations and complimentary valuations.

For inquiries about our services or for more information on managing a profitable SNF, contact one of our representatives at your convenience.

Documents Needed In A Closing Transaction

due-diligence_206x253When senior housing transactions are arranged, there are multiple documents needed for a successful closing. These documents are often extremely industry-specific and require experienced legal counsel to help prepare them.

Buying skilled nursing facilities and/or assisted living properties for sale are complex transactions. Not only is it a sale of real estate, but one of an operating business and issuance of a new license, all of which must comply with state regulations.

Once a sale takes place, some states with high transaction volume take between six to twelve months for new licenses to be issued. Transactions for skilled nursing facilities for sale not only require the issuance of new license but also require new provider numbers for Medicare and Medicaid, necessitating the need for specific operations transfer agreements.

In most states, licensing regulations typically do not want transactions to close until a new license is issued.  Because of the significant delays in procuring licenses and provider numbers  it is difficult to expect buyers to sit still and seller’s to maintain the same level of financial performance; therefore, these transaction are typically closed before the new license is issued using specific operations transfer agreements prepared by legal counsel.

An Introduction to Typical Transaction Documents

To circumvent delays and to protect your interest in the transaction process of buying healthcare properties, there are a number of documents that with the aid of legal counsel you can use.

Purchase and Sale Agreement

This document is for both business and real estate. Depending on your attorney and preference, the Purchase and Sale Agreement may provide one for the business and one for the real estate or combine the two.

Operations Transfer Agreement (OTA)

The Operations Transfer Agreement allows the incoming buyer to operate with the seller and their license until the issuance of the new license after the close of escrow. This document outlines the warranties, liabilities and how accounts payable and receivable are handled.

Lease or Sublease Agreement

The Sublease Agreement allows the preservation of the seller’s license for the duration of the transition period.  This allows the facility to remain open and operable under legal license until the transaction for the care home for sale is complete and licenses are issued to the buyer.

A lease agreement may be necessary if you are only acquiring the business and plan to lease the building from the landlord. In some cases, if you have multiple leases, you may have a Master Lease Agreement, which includes all your leased assets under one agreement with the landlord.

Loan Documents

In any given transaction, whether you decide to buy assisted living facilities or buy healthcare properties in general, you have very complicated loan documents that surpass the capabilities of your average attorney. This is where JCH and an experienced attorney will help guide you to a successful purchase.

Selecting the Right Attorney Through the JCH Group

The JCH Group believes it is imperative for individuals to hire the right council in order for your transaction to buy healthcare properties succeed as quickly and smoothly as possible.

We recommend that you speak with several of these specialized attorneys to discover who is the best fit for you, your company and the transaction you desire.

When selecting your attorney, be sure to take into consideration:

  • The state in which the transaction takes place
  • Type of asset: single asset or portfolio
  • Opposing council
  • Complexity of the transaction
  • Your personal chemistry or relationship with the attorney

JCH is always happy to refer multiple capable attorneys at any time to help you make the right choice throughout the transaction process. As one of California’s top skilled nursing brokerages, we provide the experienced guidance and resources needed to make your senior housing sale or purchase a success.

Senior housing, like all real estate product types, is cyclical in nature. The last cycle ended in 2009-2010 with the start of the great recession. Five years later, a new season for senior housing begins and already the fundamentals of senior housing prove true: with an increase in the number of seniors needing care, demands for senior housing facilities remain strong.

More Equity Sources for Construction

Since the beginning of the recession, new construction was very scarce. Now, limited supply and increasing demand has driven up the pricing of existing senior housing assets. Existing, performing assets can be valued at the same price if not higher than the cost of new construction, particularly for assisted living facilities for sale.

Operators looking to buy healthcare properties then face the question: should I buy an existing property or build a new facility? Many have begun the search for development sites and are passing on existing care homes for sale.

With a surging urgency toward new assets, lenders have reentered the construction space with funds deploying for independent, assisted living, memory care and skilled nursing facilities.

The development of skilled nursing facilities in California has not picked up like other facility types within senior housing, which is why the choice to buy skilled nursing facilities or list a SNF for sale that are exiting is still common practice for California operators. The Office of Statewide Health Planning and Development (OSHPD) is the governing body responsible for monitoring the renovation and construction of skilled nursing facilities. California operators are met with certain barriers provided by OSHPD that delay development and make it cost prohibitive. However, skilled nursing valuations may soon reach a point where construction will start in California.

Renovate Older Buildings to Keep Up with New Competition

With more operators seeking construction loans and new assets, operators of existing facilities need to upgrade their physical plants in order to keep up with newer competition. Even if operators list assisted living properties for sale or other senior housing for sale, because their current valuations are equal to new construction costs, upgrades become imperative to a successful sale, transfer and ongoing operation.

The JCH Group is the Senior Housing Brokerage

Today, operators and developers are more tempered than in the past. Buyers take their time to educate themselves on developing information, making cautious investments and choices, which is good for the industry.

The JCH Group has facilitated some of the most notable and successful transactions in the senior housing market. Whether you are looking for assisted living homes for sale or have a general inquiry about what it takes to buy healthcare properties, our senior living brokerage combines field experience and collaborative expertise to provide you with the information and analysis you need to achieve the best deal possible.

To learn more about how The JCH Group can service you, contact us at your convenience.