Capital Success - Experienced Specialists in the ALF Space Nationwide
This post is about financing for senior living projects, specifically focusing on the residential Assisted Living (ALF or RAL) model and the business opportunities it presents. More complimentary information can be requested at https://capitalsuccess.us/get-started/ More and more families need caregiving assistance for their aging mother, father, or other family-member. As a profitable service business with an appreciating real estate asset, the small or boutique Residential Assisted Living (ALF) property is a proven, favored model, amidst COVID disruptions, to larger, conventional facilities. Listed below are insights from our experience assisting with the financing of these properties nationwide: • ALF facilities have high occupancy levels, and many have waiting lists. • An ALF has focused staff and higher caregiver-to-resident ratios, further supporting the market appetite for this home-like setting. • There will continue to be an under-supplied market for right-sized, boutique, residential-style assisted living locations for the next two decades. • An ALF operator can scale to multiple properties and locations. Successful Operators build a portfolio of ALFs: multiple locations with resident capacity of 8, 10, 12, 16, 20, 25 beds per new construction site are the trend. Final ALF square footage is determined by site footprint. --- Caregiving Locations as a Business are in High Demand --- • An ALF is a privately-owned property that provides comfortable accommodations with amenities and supportive care from trained caregivers. • ALF care homes provide similar services and amenities as independent living communities and provide supportive care from trained employees to residents who are unable to live independently. • Residents who are unable to live independently experience all-inclusive support with their activities of daily living, including management of medications, bathing, dressing, toileting, ambulating and dining in a restful, home-like setting.