The Firm
Who We Are
Crescent Investment Group is a boutique private equity firm that is exclusively designed to capitalize on the aging of America. Crescent recognizes the demographic shifts in the American population and expects the aging of the population to dramatically increase the demand for healthcare services over the next couple of decades. With this in mind, Crescent has been structured to provide its investors with attractive risk-adjusted returns by acquiring senior living facilities and other related opportunistic real estate assets with the intent to hold such assets as income producing properties and liquidating when market dynamics are favorable. The firm has been uniquely designed for partnerships with investors that are looking for long-term, healthcare real estate backed, risk-adjusted returns. These investors include institutional partners, high net worth individuals, and family offices. Our team consists of accomplished real estate industry professionals with decades of diverse experience in identifying, acquiring, operating and creating profitable real estate investments.
Our Competitive Edge
Crescent has been structured to combine the entrepreneurial spirit of a private equity company with the strong focus that forms the backbone of public REITs. With this in mind, Crescent offers a few of the following unique advantages:
Flexibility. As a more flexible and nimble real estate firm, the Company intends to capitalize on acquiring properties in a heavily fragmented industry. According to some estimates, 75% of healthcare operators own 25 or fewer properties. Many of these owner/operators are too small to draw attention from REITs, PE firms, or other institutional investors. The Company intends to fill this void by targeting such owners and acquiring their assets at competitive prices.
Cost of Capital. The Company will be able to utilize higher leverage agency debt for its acquisitions. These agency loans, in particular, HUD-insured loans, offer non-recourse financing at extremely competitive rates. Utilizing agency debt will reduce the Company’s overall cost of capital and make it more competitive with the REITs.
Relationships. Crescent’s team brings with them numerous industry relationships with operators, managers, lenders, and other stakeholders. These relationships will be pivotal to the Company’s long-term success, from securing new acquisitions to obtaining favorable debt terms.
Partnerships. Through its partnership with Enriched Senior Living, LLC and other qualified managers, Crescent expects to have an on-going pipeline of new development and acquisition projects.
Investment Objectives
The Company plans to acquire various Portfolio Properties located throughout the United States. Portfolio Properties may be held for any duration of time, but it is anticipated that most Portfolio Properties will be held for approximately 7-10 years.
The primary investment and growth objectives of Crescent Investment Group include:
1 – Preservation, protection, and return of capital.
2 – Provide regular cash flow distributions.
3 – Realize capital growth upon sales of assets through portfolio premium and asset appreciation.