Gulfstream Properties has assembled a world-class team of experienced managing partners, consultants, and strategic alliances with key partners for long-term project success. Our architects are the leading innovators in senior care design and are involved in the development of key building codes for these facilities. Our on-site management is from seasoned, multi-unit operators that do not operate directly competitive facilities. Gulfstream will have ultimate overall investment responsibility including site acquisition, entitlements, construction management, development, capital stack formation, asset management, and operational management supervision. The principals of Gulfstream have nearly 100 years of development experience and have also served on a city’s planning commission.
Site acquisition to operational stabilization will vary depending on the size of the development and extent of either the re-purposing or complete redevelopment but should generally be achieved within 18 – 36 months. Once properties reach an economic occupancy of 85%, long-term permanent financing is available at attractive interest rates. The long-term financing is expected to return much, and perhaps all, of the initial invested capital while still allowing the property to generate attractive positive cash flow and original equity can be reinvested in new properties or returned to investors.