ACQUISITIONS
Looking to sell?
Great, we are looking to buy. 2Ten is looking for good communities that we can help make truly great. We are looking for independent living, assisted living, memory care, or any combination of the three. We have a great capital partner that is fair, easy to work with, acts quickly, and is capable of closing even quicker. If you have a community you’re actively looking to sell or even just exploring options, give us a call.
Where do we want to be?
Well, primarily West Coast. But we like good communities in any market.
Ideal Opportunities?
This isn’t a one size, fits all type of proposition. But, here are a few things we like:
• 125 to 150 apartments is pretty sweet, but we are open to all shapes and sizes.
• Typically, older than 10 years and younger than 25.
It’s okay if they’re well loved, we will make them shine like new.
• If they’re close to shopping, hospitals, entertainment, and/or restaurants, that’s a bonus.
• We like the top 31 NIC MAP markets quite a bit, but are open to other strong markets, too.
How about Demos?
We believe every good market has a story, but here are some
of the demos that can make those stories a little more intriguing:
• Total population greater than 150,000
• Strong Median HHI and Housing Values
• Solid family member populations
Like we said earlier, whether you are looking to sell today or just planning for the future,
give us a call. We would love to chat about your business and see if there is anything we
can do to help today, tomorrow, or in a few years.
^
