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#286 - Joe Pohlen - Co-Founder of Cardinal Senior Living - Building a Better Future For Seniors in Assisted Living
The Fort - An Entrepreneurship Podcast
The Challenges of Creating a Family Business Culture in Senior Living
The challenge with that is, yeah, it's going to say it sounds obvious. Why is it challenging to pull off? That is totally different than how any assisted living or skilled nursing buildings or company are kind of built. It really is a space for family offices, long term capital. HUD loans where you can get 80% LTV based on appraisal, no personal guarantee,. 35 year money, one and a half percent below market rate and interest rates.
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