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Updated almost 3 years ago on . Most recent reply

Tahmid Na's profile image
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Tahmid Na
  • Member since Mar 14, 2022
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Tahmid Na
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Tahmid Na
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Mortgage Brokers & Lenders

Commercial Real Estate

Tahmid Na
Posted

I found this distress senior living home which has a lot potential it’s done right and I need some help with that

San Diego, California
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Barry Ruby's profile image
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Barry Ruby
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  • from Boulder, CO
  • Member since Feb 25, 2018
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Barry Ruby
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  • from Boulder, CO
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Barry Ruby
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  • Boulder, CO
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Barry Ruby
  • Developer
  • Boulder, CO
Replied

@Scott E. You’ve got that right!

Running a senior living facility is a business separate and aside from the real estate it sits on. I developed a 100 bed project and learned that lesson the hard way.

Make sure you understand the differences and plan accordingly.

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