Why We Put You First
Purpose First Partners drives solutions to your senior living communities. PFP are experts in operating, developing and acquiring traditional, fully stabilized senior living housing and identify targets based on a matrix of process, systems and people.
In the era of COVID and an increasingly complicated healthcare system, we understand that this tumultuous landscape has changed the initial environment that operators invested in when they began their senior housing communities. With the future of the market unknown, PFP can come alongside and help navigate these bigger issues these communities face to offset your burden.
As your real estate, investment and operational partner, PFP offers low cost capital and a flexible financial options that work around your organization’s needs. PFP can act as an extension of your staff while supporting your brand.
Acquisitions
History of successful acquisitions within healthcare and senior housing
Timing: COVID-19 is pushing smaller scale operators into uncomfortable financial and performance positions
Pipeline: Access to opportunities with both entities having phenomenal networks
Focused on Core, Core + and owner distressed situations, targeting operators with 1-5 buildings (68% of Senior Market) in select markets
Family-ownership allows flexible and efficient acquisition processes
Platform to create operational efficiencies that smaller operators cannot achieve
Planning: Clear objectives, disciplined approach to underwriting and decision making
Asset Management & Ownership
PFP emphasizes on an acquisition strategy focused on high quality, underperforming assets.
Management team has more than 100 years of combined relevant experience
5M+ square feet of healthcare and senior housing under management
Best-in-class technology and operation provide scalable platform
80% of business is standardized (process and employee roles)
Operations
Partner companies:
Experience in operation and ownership of 25 communities with 2,600 beds of Independent Living, Assisted Living and Memory Care
Experience ramping to and managing 10,000+ senior units
Private and family-owned
Great track records, reputations and are culturally aligned
Proven strength and growth through different phases of economic cycle
Development
50+ years of healthcare real estate, completing over $3B
Developments include seniors housing, wellness centers, cancer centers, clinics, medical office buildings, hospitals, and mixed-use facilities
Experience in every development phase, including:
Market research, site selection, financial feasibility, planning, design, entitlements, pre-construction, and construction
Capital Stack: JV has self-funded all equity and guaranteed senior loans to date
Team: Existing people infrastructure in place to handle senior housing projects annually before adding additional staff