Winston Rowe & Associates is a no upfront fee national boutique commercial real estate finance firm providing solutions for healthcare investors.

For more information about Winston Rowe & Associates financing options, you can contact them at 248-246-2243 or visit them on line at


Assisted living facilities, a healthy, safe and independent lifestyle for its residents, provide a combination of housing, personalized supportive services, transportation, meals, housekeeping, 24 hour supervision, and health care designed to meet the needs of people who require assistance with the activities of daily living. In the current financial crisis, healthcare businesses have emerged as one of the global top dependable business opportunities.

Consequently, owning an assisted living facility is a good practical business opportunity as well as a chance to help others in need. This article will discuss why it is a timely and financially beneficial business, the population it serves, funding sources for residents, proprietors and types of assisted living.

Growing US Senior Population:

Currently, more than one million Americans live in an estimated 20,000 assisted living residences. The Assisted Living Industry today, for the most part, caters to the top affluent 10% of the senior population of the country. This field has expanded rapidly from 1990 until 1997; then, overbuilding occurred in the field in 2002 and again in 2005. In 2007 the field started to expand again and in 2008 the field has expanded by individual entrepreneurs with smaller facilities that are in the 15-50 unit range. Niche, facilities continue to thrive and expand.  Another need which makes an assisted living facility a timely and beneficial business is the ageing Baby Boomer population. The average Baby Boomer is 65 years old today.

Who Does Assisted Living Facility Serve:

The typical assisted living resident may be young or elderly, affluent or low income, frail or disabled. A typical resident is a woman in her eighties and is either widowed or single. Residents may suffer from Alzheimer's disease or other memory disorders. Residents may also need help with incontinence or mobility. Assisted living homes are not for people who need constant professional nursing care.

These facilities will provide services which include meals, housekeeping services, transportation, health promotion and exercise programs, personal laundry services, social and recreational activities, on-site salon, memory care or dementia services.  Further, these facilities may provides access to health and medical services such as emergency call systems, bathing, dressing, medication management and needed assistance with eating, walking and toileting.

Clients Costs & Finances:

Costs will vary depending on the level of care and services provided. Assisted living care may be paid for by a long-term care insurance policy, but most individuals pay the cost themselves, which is referred to as the term, private pay.

There are still more assumptions than known facts about where the money to pay for assisted living comes from. A recent study conducted by the National Investment Center for the Seniors Housing and Care Industries, reports that more than a third of residents receive some outside assistance, in the form of Supplemental Security Income (8.9%), Medicaid coverage (7.2%), payments from private insurance (3.2%), state assistance (2.8%), Veterans Administration supplements(.5%), or payments from Social Security, Medicare, Prisoner of War benefits, worker's compensation, state aid, pensions, and the military.

Meanwhile, federal, county and state assistance programs are shifting more Medicaid funds from home health and skilled nursing to assisted living. Further, the survey indicates that residents receiving financial assistance have longer lengths of stay than private-pay residents, and that residents receiving state assistance stay the longest, on average 4.13 years.  

Winston Rowe & Associates has a variety of funding options available for investors starting or purchasing an assisted living facility.

HUD (Housing and Urban Development)
USDA (United States department of Agriculture) for facilities in rural areas.
SBA (United States Small Business Administration)
Private Capital & Institutional Financing
Facilities Vary in Size and Nomenclature

Winston Rowe & Associates also have an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

Winston Rowe & Associates has no upfront fee healthcare financing in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

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