Real Estate Investor Podcast
Tune in to the Real Estate Investor Podcast for best in class investing practices from real estate experts! Your host, Gary Lipsky, has more than 30 years of operations and management experience and over 20 years in real estate investing worth over $1/4 Billion. He talks to leading experts to discuss a wide range of subjects to educate investors on how to build legacy wealth and positively impact communities.
Real Estate Investor Podcast
Episode #162: Senior Housing with Christopher Finlay
The demand for senior housing is steadily increasing across the United States. Joining us today to discuss this important trend and how to meet demand is Chris Finlay, Chairman and CEO of Lloyd Jones LLC. With a successful 43-year track record and $750 million in assets, Chris is considered a leading voice in the industry. He expresses his deep social convictions by using his expertise to uplift others and actively supports Shelters to Shutters, a non-profit organization connecting homeless individuals to housing and employment. Chris is also a member of the American Seniors Housing Association and CEO at Aviva Senior Living. In today’s conversation, he shares his insights on the world of senior living, informed by his extensive experience in the multifamily space. He shares his investment strategies and explains the unique decision to include a recruiter on every property before listing key differences to be aware of as an investor. We also touch on data, predictions for the next five to ten years of senior living investment, and how technological advancements impact the environment. Tune in today to hear all this and more!
Key Points From This Episode:
- Introducing Chris Finlay, Chairman and CEO of Lloyd Jones LLC and member of the American Seniors Housing Association.
- Three asset classes he focuses on at Lloyd Jones: senior living, multifamily, and hospitality.
- Similarities between the senior housing space and the multifamily space in 2010.
- Comparing barriers of entry in senior housing and multifamily.
- Three investment strategies that Chris follows.
- Typical returns and how they compare to multifamily.
- The unique decision to include a recruiter on every single property.
- Key differences between multi-family and senior living to be aware of as an investor.
- Why it is so critical to be a multi-operator.
- The additional oversight necessary in the senior living class.
- Predictions for the next five to ten years of senior living investment.
- How data is driving the industry.
- Technological advancements in the senior living environment.
Links Mentioned in Today’s Episode:
American Seniors Housing Association
Lloyd Jones LLC
Asset Management Mastery Facebook Group
