Senior Housing & Communities Jobs

Senior Housing is a complex industry where property types are distinguished by the level of services provided. Independent Living Facilities (ILF) are the least service-intensive, providing no services beyond community activities. Congregate Care is a subsector of ILF, which does provide some assistance with daily activities, shared meals, and a full time staff. Assisted Living Facilities (ALF) go beyond ILF to provide personal care for daily living needs and minimal medical services such as reminders to take medicine. Skilled Nursing Facilities (SNF) and Memory Care Facilities provide full service including medical. SNF have 24-hour medical care administered by registered nurses supervised by physicians. Most properties lease rooms by the month and costs of occupancy vary by which services the resident elects to receive. Such is the case with Assisted Living Facilities and Skilled Nursing Facilities. ALF rents range from $800-$4000 per month and the national average is $3,031. SNF typically charge by the day with average daily rates of $191 or $69,715 annually. ILF and Congregate Care units can be purchased or rented. Medicare, Medicaid and other government programs subsidize senior housing costs for many residents in SNF. Continuing Care Retirement Communities (CCRC) incorporate every stage of care from ILF to SNF in one development and residents can move between levels depending on their health and services needed. Most senior housing developments are valued on a per bed basis. According to Marcus & Millichap, in mid-2008, the median price per bed for Assisted Living was just under $150k, for Independent Living just over $100k, and for Skilled Nursing just under $50k. The number of beds can range from 25 to over 300.

Information on this page provided courtesy of Cornell University Baker Program in Real Estate

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cbre group, inc. (nyse:cbg), a fortune 500 and s&p 500 company headquartered in los angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  the company has approximately 44,000 employees (excluding affiliates), and serves rea...
CBRE CA-San Francisco 7/21/14
cbre group, inc. (nyse:cbg), a fortune 500 and s&p 500 company headquartered in los angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  the company has approximately 44,000 employees (excluding affiliates), and serves rea...
CBRE CA-El Segundo 7/21/14
prologis is the leading owner, operator and developer of industrial logistics real estate across the americas, europe and asia. we create value by developing and managing a world-class portfolio of high-quality logistics and distribution facilities, serving customers and investors as an integra...
Prologis NJ-East Rutherford 7/21/14
  redico® (real estate development and investment company) headquartered in southfield, michigan is a national real estate development, investment, construction and property management leader. company is currently searching for a senior project manager to join the developmen...
REDICO MI-Southfield 7/21/14
private equity real estate – director, investments opportunity for a highly motivated individual with superstar potential to join one of the leading private equity real estate investment firms in the united states. one of the most dynamic companies in its industry, greystar investment g...
Greystar TX-Austin 7/21/14
the senior vice president of leasing is responsible for managing the leasing of 3.8 million square feet of medical office buildings on a national platform.  this includes planning, implementing and coordinating the company’s third-party objectives with a focus on maximizing profitabili...
Confidential AZ-Scottsdale 7/21/14
private equity real estate – analyst, investments opportunity for a highly motivated individual with superstar potential to join one of the leading private equity real estate investment firms in the united states.  one of the most dynamic companies in its industry, greystar investm...
Greystar CA-Irvine 7/21/14
company   cpg real estate (formerly known as caribbean property group) is one of the leading real estate investors, developers, and asset managers in the caribbean, central america, and south america. since its founding in 1998, the firm has acquired, developed, or redeveloped approxim...
CPG Real Estate NY-New York 7/21/14
senior property accountant   a fast-growing real estate investment and property management company is seeking a senior property accountant with experience in the commercial real estate industry.    job responsibilities:   prepare and review monthly/quarter...
Long View Equity Partners TX-austin 7/21/14