Episode 08: Small Senior Care Homes, Big Opportunities with guest Susan Ryan (The Green House Project) – Presente… by Senwell Senior Investment Advisors

On this episode of The Investment Opportunity Podcast, we welcome Susan Ryan (Senior Director) with The Green House Project. The Green House Project is radically transforming the traditional nursing home by providing facilities that are much more similar to a large home than a traditional nursing home.

In this episode, we cover the following topics:

1. What is a Greenhouse home and what does it look like?
2. What’s the atmosphere like and what’s the type of care provided?
3. Why does this model work?
4. The differences between the traditional nursing home setting and The Greenhouse Project model.
5. How COVID has affected Greenhouse Homes.
   1. This is our most recent snapshot representing 254 homes (229 licensed as skilled, 24 as assisted living, and 3 as family care). Here is what was reported:
      1. 28% of respondents reported 100% occupancy
      2. 20% of respondents reported 95-99% occupancy
      3. 18% of respondents reported 90-94% occupancy
      4. 12% of respondents reported 80-89% occupancy
      5. The rest were below 80%. The mean average for occupancy is 89.7%. Those homes that offer short-term rehab were impacted by their inability to admit during COVID-19 restrictions, but overall the model has fared well in the pandemic from both a quality perspective (95% were COVID free) and occupancy perspective (89.7% occupancy rates).
6. The makeup of a who a greenhouse owner is.
7. What’s your relationship with owners? How’s your model set up?
8. The level of experience required to begin investing.
9. The Elevate Eldercare Podcast.

You can learn more about, and contact The Greenhouse Project:

• Website: https://www.thegreenhouseproject.org/
• Email: inquiries@thegreenhouseproject.org
• Twitter: https://twitter.com/GreenHouse_Proj
• Facebook: https://www.facebook.com/GreenHouseHomes/
• Greenhouse Blog: https://blog.thegreenhouseproject.org/
• Instagram: https://www.instagram.com/the_green_house_project/

The Investment Opportunity Podcast is presented by Senwell Senior Investment Advisors, a mergers and acquisitions advisory firm specializing in skilled nursing and seniors housing. The show is hosted by Ben Bohland and Brandon Bohland. 

Want to watch the show? Visit our website: www.senwelladvisors.com/podcast 

If you have suggestions on topics or guests that to invite on the show, questions or comments, please contact us. You can get in touch with us the following ways:

• Website: www.senwelladvisors.com/podcast 
• Email: info@senwelladvisors.com
• Linkedin: Senwell Senior Investment Advisors - https://www.linkedin.com/company/26199139
• Facebook: Senwell Senior Investment Advisors - https://www.facebook.com/Senwell-Senior-Investment-Advisors-105891937461351/ 
• Twitter: @SenwellAdvisors - https://twitter.com/SenwellAdvisors
• Instagram: @SenwellAdvisors - https://www.instagram.com/senwelladvisors/

Contact Senwell Senior Investment Advisors for mergers, acquisitions and dispositions. Senwell specializes in working with owners and operators of skilled nursing (short-term rehabilitation and long-term care) facilities, assisted living and memory care facilities, independent living facilities, continuing care retirement communities and owners of bed licenses in Certificate of Need (CON) states or states with a moratorium on bed licenses. 

Thank you for listening to The Investment Opportunity Podcast!