Summary: Vinney got started in senior living due to the “silver tsunami” coming. 10,000 baby boomers will be turning 65 plus each day. Vinney is involved in two areas of senior living: Active Senior and Assisted Senior Living with memory care. Vinney has seen a bit of a pullback on leverage when looking at construction financing, in the ballpark of 75% to 70% LTC. Senior living has an opportunity to improve the quality of senior living communities.
