Strategies and Help on Selling a Portfolio of RAL Homes

[Sendhil Krishnan]

Hi BPers...I've previously shared my journey of starting my first RAL home and expanding to own or manage 13 RAL homes. Now, I'm looking to consolidate our top-performing luxury 7 RAL homes into one portfolio and seek a passive investor for the real estate, while our team (MDSL) continues to manage and operate these homes.

I would greatly appreciate advice on how to package this portfolio and connect with brokers or institutions in this sector. While I've reached out to several assisted living brokers, many seem to focus on larger, more institutional-sized ALFs, rather than portfolios of smaller residential assisted living homes like ours. Are there resources I should be connecting with in this space? Is Private equity buy out or REITs a feasible option..etc?d

Any recs would be greatly appreciated!
TIA!