MultifamilyMasters

Mortgage rates fell this week to the lowest levels in over a year and a half as Freddie Mac reported that the average rate on the benchmark 30-year fixed dropped to 6.20%, compared to 7.18% a year ago

💥 This Wednesday…
💥 8:30pm Eastern / 5:30 Pacific

- why assisted living
- what we look for when buying assisted living
- zoning & licensing guidelines
- operations & marketing
- and what the due diligence process looks like

⬇️⬇️ Hit the link in the comments below to register for this FREE ZOOM

🗞Opening Doors of Opportunity
A Guide for Advancing Housing Equity in the Multifamily Industry

Apartments have long provided homes in communities of opportunity for residents of diverse racial, social and economic backgrounds. Apartments serve a critical role in communities nationwide by providing homes to 38.9 million renters from all walks of life, contributing $3.4 trillion annually to the national economy and supporting 17.5 million jobs. The political attention that has been focused on the need for more housing in the wake of the COVID-19 pandemic provides a unique opportunity for multifamily housing providers, residents, policymakers, communities and other stakeholders to explore new ways in which housing can be an even greater catalyst for creating more equitable communities moving forward...🔽

Opening Doors of Opportunity A Guide for Advancing Housing Equity in the Multifamily Industry

💥💥💥Garrison Gilbert & Elsa Nguyen, and the team are under LOI for another 44 beds Memory Care Facility (assisted living)

This will be the second Assisted Living facility in our Real Estate Portfolio in the past 12 months

According to National Investment Center for Seniors Housing and Care (NIC), there's a need of 156,000 additional units by 2025, 549,000 by 2028 and 806,000 by 2030 for those 80 and older. However, In 2023, NIC estimated there were 5,000 new units under construction per quarter.
So the demand for senior care, assisted living is extremely high. We are ecstatic about this opportunity.

If you are interested in assisted living - reach out and let’s discuss