| Introducing Cooperating Broker Listings |
Cooperation is always a good thing. In real estate it is a powerful engine that closes transactions. And that's just what our cooperating broker listings are all about. We have used broker cooperation in many transactions. A good example of this happened recently when a local commercial firm contacted us about listing an assisted living facility. They had initially received the listing because the property owner had a personal relationship with someone at the real estate firm. Unfortunately, the brokerage did not understand the finances of an assisted living facility, nor how to sell it confidentially. But they knew what to do. They called Senior Care Realty and asked if we had buyers for the property. We contacted the investors and buyers we work with in a confidential and ongoing basis and put together a deal quickly and quietly. If you are a real estate broker and you would like to benefit from our proven platform in senior care real estate, we have the unique ability to help sell your listings and acquire new ones. Think of Senior Care Realty as a resource for the resourceful broker. For more information, contact Mike Collins: mike@seniorcarerealty.com.
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| Phoenix Seminar to Focus on Buying and Selling Assisted Living |
| "Buying and Selling Assisted Living" is the title of an educational seminar sponsored by Senior Care Realty and the Arizona chapter of the Assisted Living Federation of America (ALFA). Seminar topics include valuation for assisted living facilities, how to confidentially attract the largest number and most appropriate buyers, advantages of a real estate exchange, how to finance an acquisition, leasing assisted living facilities, ways to grow your company through acquisitions and development and much more. The seminar will be led by Mike Collins, Senior Care Realty president and founder, Daren Dudgeon, Senior Care Realty's VP of Sales, and Kerri Ciesielski, Senior Care Realty's affiliate in Arizona.
When: Wednesday, September 9, 2009
Where: The Scottsdale Plaza Resort, 7200 N Scottsdale Rd., Paradise Valley
Time: 9:00 AM - 12:00 PM
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| New Assisted Living and Memory Care Facilities |
Senior Care Realty is planning to develop several strategic sites in Wisconsin with assisted living and memory care facilities. We are seeking qualified operators that are interested in leasing or buying facilities from us, or who have their own site where they would like a brand new facility. For more information, contact Mike Collins: mike@seniorcarerealty.com.
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| New Listings. New Opportunities. |
Milwaukee, Wisconsin: 74 units currently utilized as a 37 bed facility serving MI and corrections client groups. The facility offers substantial upside through leasing available beds, although the facility still produced an 11.8% cap rate in 2008. Priced at $2,000,000. For more information, contact Daren Dudgeon: daren@seniorcarerealty.com.
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