DENVER — Endeavor Senior Living has officially launched, with plans to invest $500 million into North American seniors housing assets with a focus on value-add opportunities.
The principals of Endeavor encompass over 50 years of experience in seniors housing, behavioral health, real estate development and investments, capital markets, hospitality, branding, marketing and sales.
“Building upon our deep perspective into investments, capital markets and operations, Endeavor is poised to capitalize on opportunities to better serve seniors today and for decades to come,” says Kyle Beard, co-founder and managing partner. “Rooted in hospitality, the genesis of Endeavor stems from a dire need for change in senior housing. We’re here to serve: do well while doing good.”
“Endeavor leverages our many years of investing experience and broad industry relationships to be the partner of choice to owners, lenders, sponsors and developers by developing, acquiring, recapitalizing or restructuring communities; preserving and enhancing long-term value,” says Drew Ostransky, co-founder and chief investment officer. “Additionally, Endeavor will provide liquidity to existing owners, acquire non-performing loans and create structured financing solutions involving debt, mezzanine products and preferred equity.”
“One of our strategies for growth is to acquire attractive senior living communities in need of an overhaul,” says Evans Adrian, co-founder and chief operating officer. “This strategy includes rebranding; implementing new systems to optimize operations; and physical plant renovations to reposition communities in the market — all of which enhance quality of care while increasing occupancy, revenues and margins.”