Boron Capital to Build Assisted Living Facilities in Houston in 2017
Posted on: by blakeadmin
Boron Capital will be building several Assisted Living Facilities in the Greater Houston-Galveston area in Texas in 2017-2018. The vision of Boron’s leadership is to deliver qualified returns on investments by hedging risk and acquiring/developing residential assisted living assets that meet or exceed the following criteria:
Location
● Well Maintained Neighborhoods
● Near Upscale Shopping & Amenities
● Easily Accessible From Major Highways
Physical
● RAL Quality: Level 4 or Above
● Capacity To House 6-16 Residents
● Open Concept Common Areas
● Exceptional Care for Residents
Financials
● Maximize Occupancy
● Competitive Debt Service Coverage Ratios
● Through Implementation of Management and Operations Systems, Create a Long Term Fixed Rate
Investment Opportunity