BPG assisted living a proposed senior assisted living community to be built in San Marcos, California, in the northern suburbs of San Diego county. BPG assisted living will be a full service senior housing project with emphasis on independent assisted living and memory care. The community will consist of approximately 135 units of much-needed senior housing in the city, and will provide its residents a state-of-the –art community with a focus on wellness, community and lifestyle. Current feasibility studies underscore the need for this project, which is slated to begin construction upon the completion of funding. The sponsor has a track record of success and is seeking $36.4M to complete the build out. To date, the sponsor has invested $4.5M. The completed project is expected to have an immediate value of $51.7M. Upon completed the sponsor plans on engaging a well-regarded third party to manage the facility.
 
USDYear 1Year 2Year 3Year 4Year 5
Turnover

0

10,134,700

10,346.140

10,563,736

10,787,667

EBITDA

0

4,263,165

4,329913

4,289,738

4,513,664

%

0

42.00

41.85

40.06

41.84