Multi-Site Assisted Living - Case Study

All regulatory issues resolved and census stabilized

0

Assisted Living Properties

$0M

Asset Value

0

Bed Capacity

$0

Annual Revenues

CareMatrix/AIG

The Owner/Operator was under regulatory scrutiny, and were required to retain The Long Hill Company as a qualified operator. All regulatory issues were resolved and the asset was ultimately transferred to successor owner/operator, successfully exiting CareMatrix from deal.

“The project tested our ability to market sub-standard physical plant in a highly competitive marketplace. ”

David Lawlor
President and CEO, The Long Hill Company

The Challenge

The Long Hill Company was sought as an operator due to a dispute between the Owner and Operator who were under regulatory scrutiny. The properties were converted hotels which struggled to compete with new-build assisted living buildings.

How We Helped

The Long Hill Company stationed its representatives on a full-time basis at the facilities to provide daily leadership and execute a census development plan. We were able to maintain viability despite physical plant challenges. We developed a strategic plan with the operator.

The Results

Occupancy levels remained stable despite the competitive market of newly built communities

Regulatory issues were resolved

Operated through ownership transition to AIG

Successfully transitioned to successor operator