The firm’s strategy centers on deep industry knowledge, niche markets, and active asset management.
SHA Capital Partners pursues opportunities to add value to second-generation senior housing communities and develop prime new sites in under-supplied markets.
Principals of the firm average more than 30 years in real estate investment, bringing a wealth of experience and discipline to the institutional decision-making process.
SHA Capital Partners takes a measured approach to acquisition, development, and investment, sifting through a large number of opportunities before pursuing those that offer the best fit.
Principals of the firm invest significant capital in each transaction and treat investor capital as if it were their own.
SHA Capital Partners insists on a thorough understanding of the asset, its market position, the business plan, and the potential downside. Each investment must earn its way into the portfolio by offering an attractive risk-adjusted expected return.
SHA Capital Partners believes in doing the right thing with the interests of community residents, joint venture partners, and investors at the forefront of our actions.
At the start of the Covid-19 pandemic, SHA Capital Partners emphasized the importance of protecting residents and staff members, realizing that personal protective equipment, hazard pay, and bonuses would eliminate profitability for a period of time. Operating partners then had the freedom to focus on safety and long-term viability without worrying about short-term profits. Through the pandemic, SHA communities have operated with minimal disruption and with reputations intact.
SHA Capital Partners and its operating partners have significant capital participation in each investment along with an incentive structure to motivate favorable performance. If residents thrive, the community will be full and the operator of the community will do well. If the operator does well, SHA Capital Partners’ investors will do well.
SHA Capital Partners prioritizes ongoing communication with operating partners, development partners, and investors.
The firm has standing weekly or monthly meetings as appropriate for the situation. SHA Capital Partners’ asset management standards call for monthly written updates on operations that include commentary and a comparison of actual results to budget. Ongoing communication of good news and bad news enables timely corrective action (if necessary) and leads to fewer surprises and better results.
The firm combines the skills of a real estate researcher turned investor and a thoughtful developer/investor, both of whom insist on understanding the market and the competitive advantage of the prospective investment or development.
Economic statistics, industry data, construction trends, and visits to the market area provide insight and form the basis for building an investment model. The model then goes through a series of stress tests and reasonableness checks to identify risks and reveal logical steps to mitigate the risks.
Sun Prairie, WI March 7, 2024 – SHA Capital Partners is pleased to announce the sale of TallGrass of Sun Prairie, a campus with 52 assisted living units and 62 cottage apartments. Two different local buyers acquired the individual components in separate transactions in 2023. The tight Madison-area housing market prompted SHA Capital Partners to…
Carlsbad, CA November 1, 2021 — Kisco Senior Living and joint venture partners Welltower (NYSE: WELL) and SHA Capital Partners are pleased to announce the groundbreaking of The Carnegie at Washingtonian Center, a unique concept for senior living in the heart of Gaithersburg. The seven-story complex will offer spacious 302 one- and two-bedroom floorplans for independent living, assisted living and…
SHA Capital Partners And Integracare Corporation Announce Grand Opening Of New, State-of-the-art Senior Care Community In Queenstown, Maryland Queenstown Landing Assisted Living & Dementia Care Opened February 18, 2021 Queenstown, MD (March 1, 2021) – SHA Capital Partners, LLC, a Chicago, Illinois-based senior housing owner-developer and Wexford, Pennsylvania-based IntegraCare Corporation, owner-operator of thirteen senior…
