Senior Housing Investments
FOCUSED Healthcare ReaLTY Investment Platform
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SCP & CO is launching a new platform, SCP & CO Healthcare Realty (“SHR”), to take advantage of near-term market dynamics and favorable long-term secular trends in the skilled nursing and senior housing industry to build a successful portfolio of healthcare real estate assets.

PORTFOLIO
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Skilled Nursing

SKILLED NURSING

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Senior Housing

SENIOR HOUSING

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DIVERSITY
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GEOGRAPHY

PROPERTY TYPE

WHY WORK WITH SCP & CO?
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Since its inception in 2002, SCP& CO has completed eighty transactions totaling $1.8+ billion of aggregate transaction volume.  Over half of the firm’s transactions have been platform acquisitions, financings, or add-on’s for SCP& CO’s Principals’ buyout control investment vehicles.

ARE YOU LOOKING TO SELL, BUY OR MAYBE DISCUSS YOUR OPTIONS?

Nursing care properties—also called skilled nursing properties, skilled nursing facilities, or SNFs—rely on government reimbursement—Medicaid and Medicare—for over two-thirds of their revenue, while other types of senior housing are predominately private pay. Nursing care properties house two types of residents/patients: one for long-stay custodial care and the other for short-stay postacute care. Medicaid is the largest single payor of patients’ long-term care while Medicare is the largest single payor for the care of short-stay post-acute patients.

Senior housing is housing that is suitable for the needs of an aging population. It ranges from independent living to 24-hour care. In senior housing there is an emphasis on safety, accessibility, adaptability, and longevity that many conventional housing options may lack.

Assisted living facilities (ALF) are a housing option for seniors who cannot live independently and need help with medications and activities of daily living, such as bathing, grooming, eating, dressing and going to the bathroom.

Independent living facilities (ILF) are for retirement-age persons who have the ability to live independently, but desire companionship and social opportunities with others of a similar age. Independent living offers specific services, amenities and programs that cater to senior adults and promote active, healthy lifestyles for their retirement years.

Memory care (MC) assisted living provides specialized services and engagement activities for loved ones living with Alzheimer's disease and other forms of dementia. Staff members are specifically trained in caring for those with memory impairment.

The SHR pipeline was developed over the past year and includes a diversification across geographic areas around the United States. We have operating control of several Midwest properties, tenant relationships and long-standing banking relationships with Northeast properties, and near-term transaction opportunities into several portfolios in the South and Southeast.

Our portfolio will be extremely diversified in deal size.  We expect to transact on single properties as low as $5 million or less, mid-sized deals ranging from $10 million to $100 million, and in special cases, we will consider the purchase of large portfolios with dozens of properties where the transaction size could be over $500 million.

Our property distribution will span Skilled Nursing (SNF), Independent Living Facilities (ILF), Assisted Living Facilities (ALF), and Memory Care (MC) centers. The sponsor, SCP & CO, has a long history of investment in skilled nursing, and this portion of the portfolio is expected to make up the lion’s share of the portfolio, up to 85% of the total properties.