What to do about Alzheimer's?

Most development I have seen across the country has been for residents with Alzheimer's.  Will it be enough?  If you know anyone that has Alzheimer's, it is a terrible disease.  As the US population ages and grows, the number diagnosed is expected to triple by 2050.  They are predicting close to 14 million people will be affected by the disease.  This is millions more that previously anticipated.

This is going to be a huge challenge for our society and will challenge caregivers, facilities and personal financial safety nets.

Owners and operators of Seniors Housing should be preparing now for the tidal wave of those affected with Alzheimer's disease.  Repositioning assisted living and independent living facilities is an ideal way to serve these residents.

If you have thought about buying or selling a memory care, Alzheimer's, or assisted living facility, please contact Ryan Saul.

Matthew Alley Sells Another Pair of Texas SNF's

Matt Alley has sold two Texas Skilled Nursing Facilities located in Abilene and Waco. They are both 120 beds and specialize in dementia care. The facilities were owned by a non-profit organization based in Austin. The Seller specializes in Continuing Care Retirement Communities and these were there only stand alone skilled nursing facilities. Built in 1994 and 2004, these high quality facilities were profitable with an average 85% census, but should enjoy the benefits of being part of a large regional operator. The Buyer is a publicly traded REIT specializing in healthcare. The REIT will be leasing the facilities to an operator headquartered in Maryland that operates several SNF's in Texas. The facilities sold for over $59,000/bed at a 10.4% capitalization rate. For additional information, contact Matthew Alley at 630/858-2501 or alley@slibinc.com