Assisted Living Facility Deals and Finding Funding

[Neal Patel]

Hi everyone,

Me and my partner get many assisted living facility deals from brokers and those that are off market, ranging from 6M - 50M. We are struggling with finding strong and motivated equity partners. We aren't interested in doing large syndications and prefer to work with only a few private investors if possible. Does anyone have any suggestions or guidance on how to help us bridge this gap? Thank you!

[Charlie Cameron]

Quote from @Neal Patel:

@Charlie Cameron Yes my name is very common so I'm used to being confused with another Neal Patel! When you say smaller, what size are you looking for? I do get quite a few off market deals and can send them your way based on your criteria. Also do you consider doing conversions such as hotels do ALFs? Thank you.

 Morning! Looking for residential homes that can suit max capacity for that locality. (10-14 in most places).