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

Job Title / Description     Hide Description Company Location Posted
the position the controller will be responsible for all accounting functions of acre capital including: accounting: managing and overseeing the company’s accounting activities. establish tight internal control policies that mirror those of acre and ensure consistent control pr...
Ares Management TX-Plano 3/29/14
due to aggressive growth, senior lifestyle corporation, a national developer and operator of senior living communities, has newly created opportunities for an asset management associate and a financial analyst in our chicago based corporate office. the selected candidates will be part of an asset...
Senior Lifestyle Corporation IL-Chicago 3/27/14
job description: surveillance analyst     summary   working in a team of 6 – 7 servicing professionals engaged in monitoring loan and property performance, the surveillance analyst shares responsibility for the oversight and support of acre capital’s comm...
Ares Management TX-Plano 3/26/14
job description: senior surveillance analyst     summary   working in a team of 6 – 7 servicing professionals engaged in monitoring loan and property performance, the senior surveillance analyst shares responsibility for the oversight and support of acre capita...
Ares Management TX-Plano 3/26/14
job description: senior associate, loan administration       summary working in a team of 7-8 servicing professionals engaged in most aspects of commercial loan servicing, the senior associate, loan administration, shares responsibility for acre capital’s compl...
Ares Management TX-Plano 3/26/14
job description: senior associate, investor reporting     summary   the senior associate, investor reporting, works closely with the manager, investor reporting, to ensure accurate and timely monthly reporting to investors, currently fannie mae and fha/ginnie mae, as...
Ares Management TX-Plano 3/26/14
job description: senior associate, insurance risk management     summary   working with borrowers and their brokers/agents to ensure that the property and casualty insurance coverage for the properties collateralizing acre capital’s loans remains compliant with...
Ares Management TX-Plano 3/26/14
job description: manager, investor reporting     summary   with the assistance of a senior analyst, the manager, investor reporting, has responsibility for accurate and timely monthly reporting to investors, currently fannie mae and fha/ginnie mae, as well as to mana...
Ares Management TX-Plano 3/26/14
job description: document specialist, loan administration     summary   working in a team of 7-8 servicing professionals engaged in most aspects of commercial loan servicing and with a team of 4-5 accounting professionals engaged in maintaining the company’s bo...
Ares Management TX-Plano 3/26/14
job description: director, quality control and compliance     summary   a member of acre capital servicing’s senior management team, the director, quality control and compliance, develops, guides and directs the company’s quality control programs and rela...
Ares Management TX-Plano 3/26/14