“A few days ago I was talking to Joe Jasmon the CEO/Managing Partner of American Healthcare Management Group about his new middle-market assisted living model that is just weeks from breaking ground. They are planning to break ground on as many as 10 of these communities over the next twelve months.”
“They have branded the concept Elevate. Their goal is to deliver returns to owners/investors that are as good as what has been available in the more expensive traditional senior living model. With the goal of rental rates that are $1,000 a month lower than the prevailing market.”
Read the full article at Senior Housing Forsight.