CONS
HOUSE II — SENIOR LIVING

Senior Living Partnership

Owners who think in decades.

FORMED 2023 · OHIO · 50% PARTNER

In 2023 the family formed a fifty-fifty partnership in an Ohio assisted living platform alongside an operator we had watched, at distance, for the better part of a decade. We invested because the operator is excellent and because the residents — and their families — deserve owners who think in decades.

Twelve homes operating today across Ohio, with two further homes under acquisition. The platform is built to be held, not flipped.

Why we are here

Assisted living is one of the few asset classes where the operator's character is the asset. The buildings matter; the staffing, training, and culture matter more. Our partner has spent two decades building both.

Our role is patient capital, governance, and acquisition discipline. We do not run the homes. We help underwrite, finance, and steward.

How we partner

Fifty-fifty equity. Aligned underwriting. A board that meets when it should and does not meet when it shouldn't. The operator runs the platform; we bring balance-sheet patience and selection.

Growth is measured in homes added per year, occupancy, staff retention, and resident outcomes — in that order. Returns follow.

Where we are going

Selective expansion across Ohio, with discipline on each acquisition. The pipeline is real, the operator is set, and the demographic backdrop is what it is. We add a home when the home is right.

The residents deserve owners who think in decades.