Seniors Housing Family Business Institute is a boutique real estate consultancy with an affiliation with Equity, Inc. that is devoted to helping the Owners of family-run nursing homes and assisted living facilities to fully utilize the financial, business and family assets in their control to achieve the lifestyle and family relationships that they desire and deserve.
We do this by harnessing our years of financial auditing experience combined with our mergers & acquisitions experience in selling nursing homes and assisted living facilities in multiple states to work closely with the business owners. We align the often significant cash proceeds from the sale of their business with their personal & family goals through a structured Exit Planning approach.
We believe that this wholistic approach is the only way to make sure that when it’s time to sell a family business, that the money from the sale transaction is used wisely to achieve often-contradictory personal & family goals while building/preserving the precious relationships of the business Owners with their spouses, siblings, children, grandchildren, favorite charities and the community.
Mergers & Acquisitions in association with Equity, Inc.
Chris Foley was awarded the Certified Negotiation Expert(CNE®)designation by the Real Estate Negotiation Institute (RENI). The CNE® is earned by real estate professionals after successfully completing formal negotiation training. Agents who receive this certification are in the top 1% of all agents nationally. Read more… CNE_Press_Release_June,2011
Nursing Home in Springfield, OH
A nursing home in Springfield was in financial stress and “everyone” knew that they were for sale. The property was appraised for $1.5 million. Chris Foley’s market knowledge within Ohio and across the United States and whose electronic communications & personal relationships with regional and national decision makers brought a written offer and ultimately sold for $4.8 million. Read more…
Nursing Home in Rural Michigan
A nursing home in rural Michigan had listed their business and property with a business broker who was unable to sell it on their own. The broker teamed up with Chris Foley and a record-setting transaction was achieved in just five (5) business days. Read more…
$24 Million Assisted Living Portfolio
Chris’ search led him to Chicago and New York where, after a prolonged due diligence period, the Portfolio sold at its $24 million listing price in 2010 at near record-setting average sale price of $140,351/bed. Read more…