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
job description position vice president or director – acquisitions & development   contact:  matthew turner, chief financial & development officer mturner@morningstarseniorliving.com ...
MorningStar Senior Living CO-Denver 7/29/14
overview:   our client, eastdil secured, a wholly owned subsidiary of wells fargo, is the foremost provider of financial advisory services to real estate owners.  eastdil secured combines superior capital markets expertise with a deep understanding of real estate fundamentals to e...
SelectLeaders MA-Boston 7/29/14
senior asset manager company confidential - greater new york city area job description we are a highly successful real estate investment firm that owns and manages over 3 million square feet of office, residential, and student housing properties and is seeking a highly experien...
Confidential NY-New York 7/29/14
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 2012 revenue).  the company has approximately 37,000 employees (excluding affiliates), and serves rea...
CBRE CA-los angeles 7/28/14
centercal properties, llc is currently seeking an experienced sr. tenant coordinator based out of the corporate office in el segundo, ca.  the ideal candidate will have a minimum of seven years experience driving the tenant coordination process and experience with the development or redevelo...
CenterCal Properties, LLC CA-El Segundo 7/28/14
los angeles based commercial real estate company seeks senior accountant. basic duties include financial reporting, property accounting, accounts payables and receivables, a/r analysis, budget and variance analysis. experience with quickbooks software a major plus. must have good communicati...
BentleyForbes CA-Los Angeles 7/28/14
position summary: direct facility operations, including all maintenance and repair of building and dentistry support systems, and oversee construction project activities to ensure safe, reliable, high quality building occupancy and patient care functions. work in partnership with the college o...
New York University NY-New York 7/28/14
job description   the strategic planning & analysis group (“sp&a”) is responsible for the financial planning, analysis, and research in support of the development, acquisition and operating activities of the irvine company. the group operates in a fast paced environ...
Irvine Company CA-Irvine 7/28/14
transwestern is an innovative commercial real estate company - regularly voted as a best place to work in many u.s. markets - that is looking for a senior facility manager to grow our talented team in richardson, tx. the senior facility manager is responsible for man...
Transwestern Commercial Services TX-Dallas 7/28/14