EPISODE · Apr 22, 2020 · 47 MIN
RCRE - Senior Living with Vinney Chopra
from Jake & Gino: Real Estate Investing & Multifamily · host Mike and Will
Vinney got started in senior living due to the “silver tsunami” coming. 10,000 baby boomers will be turning 65 plus each day. Vinney is involved in two areas of senior living: Active Senior (55+ only communities). Assisted Senior Living with memory care. Vinney has seen a bit of a pullback on leverage when looking at construction financing, in the ballpark of 75% to 70% LTC. Senior living has an opportunity to improve the quality of senior living communities. Making sure the amenities are high quality and the type of amenities this generation will want. Expert Pro Tip: Now is the time to get into the game. This downturn is presenting an opportunity to new and old investors. Even if you think you can’t afford it you have to take action. Contact Information: https://vinneychopra.com/ To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're here to help create real estate entrepreneurs... About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Vinney got started in senior living due to the “silver tsunami” coming. 10,000 baby boomers will be turning 65 plus each day. Vinney is involved in two areas of senior living: Active Senior (55+ only communities). Assisted Senior Living with memory care. Vinney has seen a bit of a pullback on leverage when looking at construction financing, in the ballpark of 75% to 70% LTC. Senior living has an opportunity to improve the quality of senior living communities. Making sure the amenities are high quality and the type of amenities this generation will want. Expert Pro Tip: Now is the time to get into the game. This downturn is presenting an opportunity to new and old investors. Even if you think you can’t afford it you have to take action. Contact Information: https://vinneychopra.com/ To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre
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RCRE - Senior Living with Vinney Chopra
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