GRAND RAPIDS, Mich. - Oct. 1, 2020 - Senior Dimensions Group Managing Partner Ralph Davis today announced the company's expansion into North American Senior Living real estate markets. With a proven track record of locating and leveraging the hidden value of multi-family, mixed use and commercial real estate investments, the company expects continued success with its foray into new territory.
"According to recent National Investment Center's data, senior housing occupancy fell 2.8 percent in the second quarter of 2020. But looking forward, there pent-up demand and an impending demographic spike of folks over 85 looking for retirement homes.' Says Mr. Davis.
"With the largest quarterly decline on record coupled with bearish fears of uncertainty, many see this as the perfect storm. As contrarians, we see this as the perfect time to find and secure senior living properties for less than real value." He adds.
The company is now actively engaged in seeking mutually beneficial offers from senior living owners and operators who wish to divest.
Contact
Ralph Davis, Managing Partner
Senior Dimensions Group