Why the seniors housing sector? Many investors are eager to find the right entry point into this sector. It’s easy to understand why. According to the National Investment Center of Seniors Housing & Care (NIC), the total value of the investment-grade seniors housing and care property market is already an estimated $372 billion. That figure is expected to grow as the size of the US population over the age of 80 is forecast to increase dramatically.

 

(Figures and statistics taken from NIC Investment Guide: Investing in Seniors Housing & Care Properties, Fourth Edition. Used with permission. Conclusions and predictions about future trends are not of NIC itself.)

The combined components of real estate, hospitality, and needs-driven service makes seniors housing a unique asset class that offers both growth potential and resilience.

 

Over the past 10 years, the nominal returns on the senior housing properties within the dataset managed by the National Council of Real Estate Investment Fiduciaries, or NCREIF, have significantly outperformed the broader NCREIF Property Index. As of Q4 2015, seniors housing properties have generated an annualized rate of return of 11.9 percent since Q4 2005 compared to an annualized return of 7.8 percent for the index as a whole.

NCREIF Annualized Total Returns Across Select Property Types

As of 12/31/2015

Why partner with Care?

 

Care has worked systematically since 2010 to carve out a distinct niche in the seniors housing market. We have a strong track record of performance and are disciplined in our approach. We understand the market, know the participants, and the types of operators with whom we want to work. We track industry trends rigorously and can distinguish the noise from the signals in the data.

The Care platform is an attractive opportunity for investors who:

 

  • Wish to place between $20 million and $500 million
  • Appreciate the flexibility of working with a private investment vehicle
  • Have a long-term horizon
  • Lack specialized expertise in the senior housing sector or would like to scale their existing presence in the seniors housing sector
  • Lack the capacity (or the appetite) to source and manage multiple operator relationships
  • Are committed to socially responsible investing through development of a senior housing sector that respects the dignity of elderly people and puts their wellbeing as a priority

Care’s operating partners are a hand-picked, carefully curated group chosen for their integrity and their track record of driving high performing businesses. They value the expert counsel as well as the financial resources Care brings to the partnership.

Greenfield Senior Living, or "Greenfield" seeks to transform the experience of senior living, allowing its residents to lead full and enriching lives. Greenfield combines all the comforts of home with the services, accessibility, and expertise of highly trained staff who love what they do. Greenfield manages 19 properties in VA, PA, MD, NJ, TN and TX.

Heritage Senior Living, or "Heritage," develops, owns,  operates and manages seniors housing communities throughout the Mid-Atlantic. Heritage believes in an engaged, hands on management philosophy and they are committed to offering affordable housing options and improving the quality of life for seniors. Heritage manages 15 seniors housing communities in PA, VA and NJ and a non-medical home health care company in PA.

Care Investment Trust LLC

 

780 Third Avenue (between 48th and 49th Streets) 22nd Floor, New York, NY 10017

212.446.1410 (t)  212.446.1409 (f)

info@careitrust.com