Sophos Equities @SophosEquities
Sophos is a distressed seniors housing recovery/repositioning investment platform. We believe in the need and future of the SH missing middle market. sophoseq.com Joined April 2021-
Tweets19
-
Followers93
-
Following28
-
Likes73
"Find me a lender that says they don't have any distress in their portfolio, and I'll show you a liar." . . . lender discussions while hunting for NPLs (lender's words, not mine). Chucked my crystal ball out the window a while ago.
Installation #1 – Asset Mgmt Advisory (In response to many questions recently about what we do.) Problem: There was a flood of owners who developed/acquired senior housing in the late 20-teens (or started devs that opened during COVID) who were not product specialists. The…
Inspired by Barrett Linburg's post. There is a niche cabal of senior housing people on this platform that represent operators, investor, lenders, and service providers. I present to you the list of some of the toughest real estateurs on X. This is separate from the private list…
Macro pressures have driven valuations of seniors housing down over the last four years. This creates opportunity: 1) for acquisition of properties at a reset basis and 2) for owners to realign with the correct operator on their existing properties.
Meet Sophos at the NIC next month in Dallas. Or . . . if you're not at the NIC, let's connect before to hear what you'd want to know if you were attending.
@trdny: Axos Bank claims default on 132-unit Van Nuys senior complex Without calling out specific parties, this story is representative of a trend that banks should have defaulted 1-2 years ago but covered their eyes and are now paying a price. I have spoken with dozens of…
NHI is allocating additional asset management resources to challenged assets/operators to drive performance. ^This is what non-professional owners need to do more of.
We are seeing assets bucketed into four categories of lending potential - or rather, the peaks & troughs of a truncated bimodal distribution. Zone 1 - DSCR so low that the lender is wiped out. Example: Coastal CA asset purchased for $40MM two years ago. Senior/mezz stack at…
$PEAK live this morning. x.com/scotthougham/s…
$PEAK live this morning. x.com/scotthougham/s…
Operators and owners are waking up today asking what they will do differently this week than last to move the needle. Seniors housing is a challenge of constant improvement. I've been working on a technology matrix highlighting the best-in-class hard/soft tech solutions in…
"If you are going to commit yourself to something, it is easy to do something big as it is to do something small. Both will consume your time and energy, so make sure your fantasy is worthy of your pursuit, with rewards commensurate to your effort” - Stephen Schwarzman, What It…
"You could have Carnegie hall, but if you can’t carry a tune in a bucket it just won’t work." - A lender today, on the status of operators mismatched with seniors housing assets. Working to get this lender on Twitter . . . decades in multiple roles at the apex of seniors…
@srhousingnews announced Revel (IL developer/operator with 14 locations) is shifting from a rental to a “membership” model. They are pricing in four levels of ancillary fees, but the biggest headline is the “Revel Travel Club” which lets residents stay at other Revel communities.…
Couple years ago I invested in a hardware/software company for senior living. I understand it, and also knew I could advise & help with intros Really starting to hit momentum and some really impactful data is coming back, helping to drive NOI! Now we are working a potential…
"I knew from the age of 6 that I wanted to work in seniors housing" . . . said nobody ever. Okay okay, there are a handful of industry vets' adultish kids who can't shed a last name and we know who they are. They're the minority. Ask most people in the seniors housing crowd how…
Welcoming my friend Andrew Montgomery, founder at @MontgomeryIG_SL to the Twittersphere. For the subniche on Twitter in seniors housing, you should give him a follow and schedule time at the next @Natl_Inv_Ctr And for those who are seniors-curious, jump aboard. Welcome Andrew!
New followers, and I've been quiet for a while. A bit about me: I'm an operator-first capital allocator in seniors housing at @SophosEquities. We're focused on acquiring newer distressed/stalled assets - COVID was rough on this asset class.
@DekelCapital Managing Principal @shlomironen and other experts talked with @MHNonline about the outlook for senior housing in 2023. buff.ly/3ZvmD27
Katherina Ogans @KatherinaO34117
39 Followers 5K Following
Curated_Ideas @gsYa9zUFiqNwsnB
85 Followers 951 Following
Dream Mcelveen @DrMcelve
62 Followers 5K Following
ScribnerCapital @ScribnerCapital
286 Followers 217 Following Seniors Housing & Healthcare Capital | JV Equity, Mezz and Senior Debt | Principal Investor
Lawana Trenholme @TrenholmeL53535
85 Followers 5K Following
Naomi Dreibelbis @NDreibelbi
37 Followers 5K Following
Amanda Coscia @cosc_ama
58 Followers 5K Following
Yael Covotta @covo_ya
89 Followers 5K Following
James train @Jamestrain15
99 Followers 387 Following
Bobbye Woodliff @BWoodliff9925
76 Followers 5K Following
Jake Pease @JakePease
293 Followers 1K Following I help Senior Care providers use insurance to protect their assets and improve their profitability- Certified Executive AL, Homecare, & Hospice “Views:Mine”
Alessandro Furlotti @AlessandroSage
5 Followers 8 Following
SeniorHousingLad @SeniorHsngLad
46 Followers 152 Following
ABhatti @ali_bhatti1
94 Followers 241 Following
Kathryn Hougham @DrKHough
60 Followers 567 Following Conservatory-trained musician on a mission to preserve truth and beauty in education, arts & culture. Wife to @Houghpost and mama to the little one 👨👩👦
Ferne Mcelreavy @FMcelreavy57838
12 Followers 3K Following
Renay Haque @HaqueRenay58171
18 Followers 3K Following
Ehunt @ethanhunt508
27 Followers 2K Following
Darden Orand @dardenorand
84 Followers 2K Following
Branson Tullis @BransonTul24223
11 Followers 24 Following
Levi Bauer @LevyBrain
307 Followers 774 Following Interested in the pursuit of excellence in all facets of life (mine and others). CEO of $100MM++ Healthcare Biz. Also SMB and CRE ownership.
Ash K @amormemorycare
53 Followers 81 Following 🫶 Documenting my journey on starting my first assisted living. Boutique 6 bedrooms focusing on memory care. Opening doors in July 2024 Novi, MI -SE Michigan ✋️
Mark Riede @MarkR5000
230 Followers 244 Following Real Estate Broker, SFR Investments. Former Redfin/iBuyer/SFR/Divvy
Estela Seder @estela_sed
43 Followers 5K Following
nadmil6268 @nadmil6268
3 Followers 296 Following
Renee Mayhew @mayhew77113
37 Followers 5K Following
GDKT @GDKT13
1 Followers 1K Following
Clint Miller @ClintWMiller
100 Followers 262 Following Oklahoma State, Chiefs, Thunder and golf. Girl dad x2 and Investment Banker focused on Senior Housing. https://t.co/ZoCA3miTqF
Tyler White @tylerwhite90
42 Followers 308 Following
Jerri Fuhrman @FuhrmJer
38 Followers 5K Following
Wilbur Churchill @wilburchurchill
948 Followers 4K Following Prime Minister of Dekalb • CRE • WDE • Midnight Rider • Kennedy Cousin
rn3liu @Rn3Liu
30 Followers 375 Following
Adam Block @AdamB1438
7K Followers 5K Following Mostly stocks, a little real estate, and now some litigation finance. Deputy CIO, C. Montgomery Burns Family Office
Clarence Wong, CCIM @ClarenceWongCRE
8K Followers 4K Following CRE Consultant | Prior Experience in Office, Industrial, Apts (Acq & Asset Mgmt GP) & Retail (Inv Sales) | ARGUS Instructor at UCLA Extension | LinkedIn 20K+🙏
David LeBlanc @dleblanc114
503 Followers 2K Following
Taylor ALF | SMB | RE.. @taylor_smb
463 Followers 1K Following Assisted Living / SMB owner, real estate investor
vicdachef @vicDAchef
150 Followers 1K Following
Daniel @daniel_abrahami
183 Followers 767 Following
Captainchaos @Captainchaossss
50 Followers 247 Following
- @Waruapp
72 Followers 4K Following
Tanner Ziebarth @TannerZiebarth
12 Followers 465 Following
Omied Bagheri | Silic.. @omiedb
719 Followers 2K Following #CRE #Multifamily Broker. CA DRE license # 01929412. The postings on this site are my own and do not represent the views or opinions of Avison Young
MedCore Partners @MedCorePartners
297 Followers 306 Following MedCore Partners specializes in healthcare and senior living real estate.
Scott Hougham - Senio.. @ScottHougham
982 Followers 1K Following Investing in distressed senior housing + 3rd party asset mgmt @SophosEquities; prev @AtriaSL; @USC, @UofL
Shane Connor @SrHousing_CRE
5K Followers 2K Following Built 2 offices to $30 million sales & left Corp. Now I sell land + buildings focused on Senior Housing & Active Adult. @urbanlandinst 55+ Dev Council member.
Sean Sweeney @seandsweeney
83K Followers 724 Following Real estate developer. $200 million + in projects developed since 2017. Co-Founder Hall Sweeney Properties. Founder of The Bright Build developer community.
Montgomery Intermedia.. @MontgomeryIG_SL
66 Followers 76 Following Senior living broker with family background operating IL/AL/MC/SNF communities across MO, IL, TN, MS, and KS.
Dekel Capital @DekelCapital
126 Followers 123 Following Dekel Capital is a Los Angeles-based Real Estate Merchant Bank focused on capital market advisory and private equity in commercial real estate.
Ross Hougham @HoughPost
344 Followers 2K Following Redeemed sinner. Enraptured husband to @DrKHough. Dad. Anglophile. Student Programs @Heritage. Let's please stop destroying things.
Senior Living @SLIBINC
91 Followers 54 Following Senior Living Investment Brokerage brokers deals between buyers and sellers of long-term seniors housing facilities with an emphasis on confidentiality.
Ian Kremer @LEAD_Coalition
67K Followers 47K Following Working to end #Alzheimers/#dementia. @WUSTL @UMichLaw https://t.co/GJkJVm4vF2 https://t.co/dd0eOpRj6V https://t.co/1ARWoHKsQu
Senate Aging Committe.. @SenateAging
2K Followers 270 Following News and information from the United States Senate Special Committee on Aging on behalf of Chairman @SenBobCasey.
Seniors Housing Busin.. @SeniorHousingBz
2K Followers 211 Following The Magazine for Seniors Housing Real Estate and Operations
Lois Bowers @Lois_Bowers
5K Followers 5K Following Editor for @_McKnightsSL. #seniorliving #assistedliving #memorycare #RCFE #CCRC #lifeplancommunity Tweets are mine. RT/MT/F ≠ endorsement. she/her.
Adam Todd @adamttodd
71 Followers 114 Following
Mike Wasserman @wassdoc
4K Followers 33 Following Grampa, husband, dad, ironman, geriatrician. "Focus on solutions, not blame; Channel understanding, not anger."
Holiday Senior Living.. @srlivingholiday
1K Followers 96 Following The nation’s leading provider of Independent Living with a robust family of over 200 senior living communities. Follow us to discover the #HolidayTouch.
Sunrise Senior Living @SunriseSrLiving
16K Followers 2K Following Serving residents in more than 270 communities across the US and Canada https://t.co/vHEiuVyxhI
BrookdaleLiving @BrookdaleLiving
10K Followers 896 Following Imagine your life enhanced with interesting people in a place where wellness is a reality, not a dream. Get inspired to not just age well, but live well.
Atria Senior Living @AtriaSL
3K Followers 525 Following We create vibrant communities where older adults can thrive, participate & enjoy opportunities that help them keep making a positive difference in our world.
Asif Khan @AsifKhan
944 Followers 225 Following CoFounder/CEO @HucuAI - revolutionary patient-centered messaging across teams that drives efficiency, reduces burnout, manages risk. Founded/Exited @Caremerge.
Senior Housing News @srhousingnews
13K Followers 724 Following Senior Housing News covers news & trends on retirement, aging, independent living, Alzheimer's, skilled nursing, assisted living, dementia care & senior care.
Forward Cities @ForwardCities
23K Followers 3K Following Forward Cities Is a national nonprofit equipping communities and regions to grow and sustain more #equitable entrepreneurial ecosystems.
Congress for the New .. @NewUrbanism
96K Followers 2K Following The Congress for the New Urbanism helps create vibrant and walkable cities, towns, and neighborhoods.
Urban Land Institute @UrbanLandInst
135K Followers 908 Following ULI’s mission is to shape the future of the built environment for transformative impact in communities worldwide. #WhereTheFutureIsBuilt
NIC @Natl_Inv_Ctr
3K Followers 917 Following NIC provides data and analytics for investors and operators to make informed decisions, and facilitates connections between these groups to benefit seniors.
McKnight's Senior Liv.. @_McKnightsSL
7K Followers 6K Following Work in the #seniorliving industry? We're a media brand here to help you make a difference. Editor @Lois_Bowers. #independentliving #assistedliving #memorycare
NIC MAP Vision @NIC_MAP
1K Followers 289 Following NIC MAP Vision is a leading provider of comprehensive market data for the seniors housing and care sector.
The SeniorCare Invest.. @SeniorCare_Inv
5K Followers 879 Following For over 50 years, The SeniorCare Investor has been working around the clock to bring you reliable, hard-to-find senior care deals and news.
Icon @_goicon
2K Followers 1K Following Making the Aging Experience Iconic Merged in 2022 from VoiceFriend and Caremerge to Icon"Find me a lender that says they don't have any distress in their portfolio, and I'll show you a liar." . . . lender discussions while hunting for NPLs (lender's words, not mine). Chucked my crystal ball out the window a while ago.
@SophosEquities covers both acquisitions and asset management. Starting with asset management: x.com/scotthougham/s…
Installation #1 – Asset Mgmt Advisory (In response to many questions recently about what we do.) Problem: There was a flood of owners who developed/acquired senior housing in the late 20-teens (or started devs that opened during COVID) who were not product specialists. The…
@SophosEquities Also ad-hoc and analytics advisory work: x.com/scotthougham/s…
Installation #2 – Asset Mgmt Advisory (Data Insights) (In response to many questions recently about what we do.) Problem: Sub-institutional investors typically cover a spectrum of asset classes. Senior housing platforms are not standardized like most other asset classes (CRM,…
@SophosEquities Acquisition / buy box criteria: x.com/scotthougham/s…
Installation #3 – Acquisition Criteria (In response to many questions recently about what we do. H/t to @AdamB1438 for inspiring this series, particularly this post.) We're on the market for two particular categories of senior housing assets. Note for the lay participant,…
Scott's a great follow if you want to glean insights about senior housing. It's like listening to the Odd Lots podcast but every episode is just this industry
Same issue in senior housing. Operators historically charge a mgmt fee of 5% on gross revenue. This for a business that has a 20-30% profit margin (maybe), so expenses MATTER. No alignment of interest, no incentive to manage expenses. (This is also why my fee to change…
Same issue in senior housing. Operators historically charge a mgmt fee of 5% on gross revenue. This for a business that has a 20-30% profit margin (maybe), so expenses MATTER. No alignment of interest, no incentive to manage expenses. (This is also why my fee to change…
As an associate in BigLaw, I worked on a private equity deal for months. We were days away from closing and the Partners were fighting over a legal issue that would never actually occur. I spent months of sleepless nights, canceled dates with my wife, and missed my daughter's…
Had some time on my hands this afternoon for an unexpected quick trip up to NYC ( reTwit meetup later today). I was able to check out the developments. My old team did here in the city. I present Coterie Hudson Yards:
Installation #1 – Asset Mgmt Advisory (In response to many questions recently about what we do.) Problem: There was a flood of owners who developed/acquired senior housing in the late 20-teens (or started devs that opened during COVID) who were not product specialists. The…
✨Property Spotlight of the Week✨ Contact us today to tour this incredible Southlake location! #MedCorePartners #MedicalRealEstate #HealthcareRealEstate #FeaturedListing #CRE #Southlake #medicalofficebuilding #DFWrealestate loom.ly/cTOLMPY
The ‘Secret 6 Ingredients’ to Middle Market Success 1. Low Basis – Under $60k a Door 2. Universal Staffing – Required meet state minimums. Housekeeping, Dietary and even Maintenance 3. Partnerships – Physicians and Home Health for Nursing. School Children, Churches, and…
Anyone coming to NIC in Dallas next week? I’m speaking about Middle Market Assisted Living at 11 am on the 6th. Swing by and say hello. Middle Market to me is assisted living that costs all in less than $3,750 per month. Before are my notes on how to make it happen.
The ‘Secret 6 Ingredients’ to Middle Market Success 1. Low Basis – Under $60k a Door 2. Universal Staffing – Required meet state minimums. Housekeeping, Dietary and even Maintenance 3. Partnerships – Physicians and Home Health for Nursing. School Children, Churches, and…
If you're on this list, please give it a follow & retweet/share this tweet. Let's keep pushing the asset class forward with the attention it deserves.
Original @DallasAptGP post: x.com/dallasaptgp/st…
When I started using Twitter as a business tool for Real Estate, I focused my Likes, Comments, Retweets on RE I unfollowed everyone pop culture, news, sports, etc This list didn't exist in 2021 but it would've been amazing: x.com/i/lists/160642…
Inspired by Barrett Linburg's post. There is a niche cabal of senior housing people on this platform that represent operators, investor, lenders, and service providers. I present to you the list of some of the toughest real estateurs on X. This is separate from the private list…
If you're an owner of these assets, let's talk. Sophos is both an acquisition and asset mgmt/advisory firm. The macro environment isn't changing, but there are levers you can pull. x.com/SophosEquities…
Navigate 2024's seniors housing with Sophos Bespoke Advisory. We offer nuanced analysis, transition advisory, and fractional expertise to enhance your organization's proficiency. Download our capabilities document below. 24312418.hs-sites.com/sophos-bespoke…
On the same dollar of revenue from 2019, seniors housing valuations have dropped significantly. Yes, every property is different. No, I would never use a cap rate straight from CBRE's survey in my underwriting. But these are directionally correct. x.com/sophosequities…
Macro pressures have driven valuations of seniors housing down over the last four years. This creates opportunity: 1) for acquisition of properties at a reset basis and 2) for owners to realign with the correct operator on their existing properties.
@SophosEquities @DennyPregent This is a great slide!
I wrongly assumed things would be better by now. I didn’t we expect capital markets to freeze up for #seniorshousing like they have. Fundamentals are better but a lot of capital (debt & equity) is paused/stepped away. Will be a great year to get deals done, if you can…
One year ago today…now add interest rates to the equation. Long road ahead for many owner/operators. Banks have been patient for almost 2 years and some are starting to put pressure on borrowers. Stimulus was underwhelming for the industry and gone.
Yesterday, MedCore employees met for our corporate update over breakfast as Nick Farris shared the vision for the coming year and beyond! #MedCorePartners #MedCore #HealthcareRealEstate #MedicalRealEstate #CRE #seniorliving #visionplanning #collaboration #communication #culture
Trends for United States
You might like
