RPP - Senior Living vs. Multifamily with Daniel Morris




Jake and Gino Podcast show

Summary: Dylan and Mike interview Daniel Morris, Principal of Senior Housing & Healthcare of Plains Commercial, to discuss the niche of Senior Housing. Senior Housing treated as business with real estate Trend more specialized senior housing More intensive care Less intensive care Operators of Senior Housing specialize 1 to 2 types of care Payroll number one expense Cap rates increase the more care is offered Preferable Markets: Secondary & Tertiary Markets Primary Market