At Smith/Packett, we are extremely well versed in all critical facets of the senior living business.
How We Do It?
We are highly experienced and successful professionals committed to senior housing.
Since 1982, Smith/Packett has been consistently successful because it provides high quality, affordable long term solutions to senior housing communities. This success is attributable to the experience and our development, legal, financial, and property management teams to work closely together to achieve the needed solutions.
With a track record of achieving win/win partnerships, we are consistently recognized for outstanding turnkey, fee-for-service developments. Our projects appeal to the operator and it’s clients while also yielding exceptional returns to our investors.
With over 75 years of combined experience in the field of long-term senior housing care transactions, our legal team is versed in a diverse array of structures intended to create value to projects that meet the needs of our discerning investors. They include, but are not limited to, equity partnerships, sales and leasebacks.
As the real estate owner of more than 30 senior care facilities with prior ownership of four operating companies, we possess a powerful competitive advantage. Our proven deep-dive understanding of the valuation, development, acquisition, financing and divestiture of senior care facilities is an immeasurable asset. Because of our wide database of facility performance information, we are uniquely aware of the operational, regulatory, reimbursement and expense realities within our industry.
When requested, we can support facility owners with a comprehensive array of services to increase their property value, safeguard their investment and maintain a high level of resident/tenant satisfaction. From collecting and managing rent to marketing properties and handling all maintenance concerns, Smith/Packett is prepared to play the role of a full service partner, if needed.