Inspired Healthcare Capital
The 1031 Show™ – SPECIAL with Inspired Healthcare Capital
00:00 – 00:11: Bumper 00:11 – 00:24: Intro 00:24 – 8:33: How IHC Protects their Senior Living Residents and Investors Through Hurricanes (And other Significant Events) 08:33 – 09:10: 2024 Performance Check-In with IHC 09:10 – 10:53: How the Election Affects the Senior Living Industry For IHC and its Investors. 10:53 – 11:30: How Big…
Read MoreInterview with Patrick Lam and Sly Pusiri | Inspired Healthcare Capital
Investing in Senior Living Real Estate Wally sits down with Patrick Lam and Sly Pusiri from Inspired Healthcare Capital to discuss the increasingly popular topic of investing in senior living real estate.
Read MorePrivate Pay vs. Medicare
Wally Smith: Good deal. I know you focus. It’s all a big selling points, private pay, not Medicare reimbursement. Is that a key box that you guys have to check on a property? Patrick Lam: I think it’s not always. Oh, sorry. Wally Smith: Yeah. Patrick Lam: Go ahead. Sorry. Mike Jones: Sorry, Patrick. Patrick…
Read MoreCap Rates and Interest Rates’ Effects on IHC
Wally Smith: Mike, let’s talk about cap rates. Can you describe in layman’s terms what is it cap rate? Mike Jones: It took me a couple years to figure it out, I think. Essentially, a cap rate is the rate of return a buyer is willing to accept or expects from the cash flows provided…
Read MoreWhat Makes IHC (Inspired Healthcare Capital) Different?
Wally Smith: That’s what you said. How many deals have you guys done total? Patrick Lam: Total since inception, we’re probably at our 21st deal altogether now. Wally Smith: How many have gone full-cycle? Patrick Lam: We have two full-cycle events right during the middle of COVID. And we didn’t have to full-cycle it, but…
Read MoreIHC’s Due Diligence Process
Wally Smith: Mike, can you talk through your due diligence process just a little bit? So when my clients ask me, how do we know this is a good deal? How do we know who’s looked at it? I try to describe to them how many sets of eyeballs have generally been on a deal…
Read MoreIHC’s Location Preferences and Supply & Demand Issue
Wally Smith: And so Mike, where do you find properties? Where do you start? How do you source them? Mike Jones: Yeah. We look nationwide and we source primarily through brokerage houses that focus on seniors housing. It’s a pretty niche industry, and we have built relationships with the larger brokerage houses and then some…
Read MoreOther Types of Properties in the Healthcare Sector
Wally Smith: That’s nice. That’s excellent. Mike, you mentioned you’ve been in the healthcare industry for 10 years or so. We’re talking here mostly about senior living and memory care, but what are the other sectors? What are the other kinds of assets or properties that are in the healthcare sector? Mike Jones: Sure. So…
Read MoreThe Structure of IHC’s DST Investments
Wally Smith: Getting into the structure of some of the deals, you offer both all-cash and leverage deals. I know in the past, it has flip flopped. You have one, have the next. What’s your plan there going forward. Do you continue to still have both? Patrick Lam: Oh, absolutely. I think we always go…
Read MoreCovid’s Effect on IHC
Wally Smith: COVID. COVID shocked everybody’s system. How did it affect you guys? Patrick Lam: I think the biggest misconception about COVID was the fact that it had on senior housing and healthcare. You heard almost every day in 2021 that COVID hit a lot of nursing homes throughout the United States of America. But…
Read More