Senior Living Disruptor / Brandon Schwab Intro
4 Replies
- 11moAaron ZimmermanBusiness MemberAccountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
Brandon - welcome and thank you for sharing your story. There's huge demand for this space as more people age and need these types of living environments. Is the strategy technically called residential assisted living?
Brick House CPAs53 Reviews- Member since 2025 · 30 posts · 10 votes10mo
Quote from @Aaron Zimmerman:
Brandon - welcome and thank you for sharing your story. There's huge demand for this space as more people age and need these types of living environments. Is the strategy technically called residential assisted living?
Hi Aaron, so much need, it's off the charts.... we're heading towards chaos crash level in no time by 2030 (right around the corner). Some people call it RAL or residential assisted living but I don't love the term but yes thats what they call it. I prefer the term boutique senior living as senior living has many facets to it including independent living, assisted living, memory care. In a cozy home someone could do any of those three very easily and provide the seniors that are in there a new level of quality and experience. We work with a lot of CPA's that refer their HNW clients that pay too much taxes to us. End of the year is a super busy time as they need to make deployments by year end to lower taxes next year. Happy to talk and find ways we can help your clients benefit from our proven 2 ways to reduce their tax liability WHILE helping hundreds of seniors (impact investing).
- Lender · Chicago IL · Member since 2020 · 357 posts · 227 votes11mo
Hey Brandon — love this space.
I just came in as an LP on a 107-unit senior living community in the south suburbs of IL, and I also volunteer with Hospice patients (spend a fair amount of time in ALFs + nursing homes, which I do NOT like very much but realize they are necessary). The need for senior living is obvious and growing.
Your 10–20 resident home model really interests me. Would love to hear more about:
-How you navigate IL licensing/zoning for smaller homes
-Your staffing model + care levels (memory care?)
-Typical payor mix (private pay vs Medicaid) and target occupancy
-Are you doing conversions or ground-up, and what deal sizes you like?
If you’re open, I’d enjoy hopping on a call or video chat to learn more about how you’re scaling this in Chicagoland / vicinity. I'm not actively looking for more syndication opportunities right now but super curious about other types of potential partnerships and ways to be involved.
- Member since 2025 · 30 posts · 10 votes10mo
Quote from @Jennie Berger:
Hey Brandon — love this space.
I just came in as an LP on a 107-unit senior living community in the south suburbs of IL, and I also volunteer with Hospice patients (spend a fair amount of time in ALFs + nursing homes, which I do NOT like very much but realize they are necessary). The need for senior living is obvious and growing.
Your 10–20 resident home model really interests me. Would love to hear more about:
-How you navigate IL licensing/zoning for smaller homes
-Your staffing model + care levels (memory care?)
-Typical payor mix (private pay vs Medicaid) and target occupancy
-Are you doing conversions or ground-up, and what deal sizes you like?
If you’re open, I’d enjoy hopping on a call or video chat to learn more about how you’re scaling this in Chicagoland / vicinity. I'm not actively looking for more syndication opportunities right now but super curious about other types of potential partnerships and ways to be involved.
Hi Jennie, glad you're interested, I LOVE talking about it as it's my passion in life. Good questions ! happy to jump on a zoom to answer them for you, long as you're open to the LP opportunity in our 506C. The bigger box factories, I mean facilities have it's place but less than desirable for sure with low staffing levels. Sad actually, I wouldn't leave a gold fish there for more than 24 hours let alone a parent or loved one. Our residents in our 12 home portfolio are 80% private pay and 20% public pay (WI only). We offer one caregiver/CNA to every 5-8 seniors compared to our competition that each of their care staff has to "attempt" to manage 20-30 seniors. They are essentially setup to fail and it's wrong. The seniors in the factories are the ones who suffer and it's not right. I read the market and buy existing when that is more cost effective then building new and so on. I'll message you my cell and private Calendly link to book a call.
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