We are actively expanding our multifamily assisted living portfolio and have several properties that meet our criteria. What is to prevent a buyer from closing on several facilities at the same time and exponentially scaling in quick succession? We will use 75% non recourse debt and 25% equity. Of the equity, we will put 10% of the 25% down, and partner with an equity general partner to finance the majority of the down payment. The management will be outsourced to a proficient operator.
@Anthony Barbato there’s absolutely nothing stopping you or holding you back. Sounds like you have a solid plan. Question is do you have the capital?
@Anthony Barbato The only thing that will stop you from closing this deal just like any other is can you bring the equity to closing and will your team satisfy the lender requirements.
From what you've said, it sounds like capital for down payment and the inventory within your target market(s).