JF 3988: $13M Turnarounds, Staff Culture, and 20%+ Margins in Assisted Living ft. Justin Burke
The Best Ever CRE Show
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Navigating Challenges in Assisted Living Investment
This chapter explores the speaker's experiences as a former police officer and current construction business leader, focusing on the importance of strong work ethic and effective team management in both sectors. It examines the complexities of investing in assisted living facilities, highlighting financial metrics, staffing needs, and market dynamics influenced by demographic shifts. Ultimately, the chapter underscores the significance of cultivating a positive organizational culture to attract and retain top talent while navigating the operational challenges of the assisted living industry.
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