Assisted Living Facilities

[Tripp Hornischer]

I'm interested in developing an assisted living facility in Texas. Anyone have any experience?

[Dan Brewer]

Trip -

I am working with several other developers, helping them with their business plans, raise capital, etc. Some developers are very experienced in the AL field, others are relatively new. I very much am focused on protecting the investor's capital, managing risk etc. I feel the best way for you to acquire the capital you need would be to do the same - minimize the investors risk. Therefore, I recommend teaming with experienced operators to help usher you into the field. Sacrifice whatever you need to sacrifice to them to help you get over the hump. The first deal or two will then help you establish credibility in the field, and then capital will start coming your way.