A NEW AGE IN SENIOR LIVING

AGEWELL CAPITAL
INQUIREABOUT

PURPOSE

INVESTMENT STRATEGY

Igniting the “Spirit to Serve” in our team members and in the communities in which we operate.

AgeWell Capital exclusively invests in the senior housing industry. We are an integrated development, management, and operating group that is equipped to handle every aspect of a project from acquisition and land development to operating the communities on a daily basis.

We serve as general partners and sponsors of projects and provide opportunities for institutional and individual investors to make passive equity investments in the senior living industry.

We seek out performing assets, new development opportunities, and distressed properties to create a balance between cash flow stability and investment upside for our partners through our unique approach.

CREATING A NEW AGE IN SENIOR LIVING

VALUES

VISION

Create a new age in senior living by building communities that provide a pathway for seniors to achieve rich and purposeful lives through the way they live, socialize, recreate, find fulfillment, and ultimately Age Well.

MISSION

To become a market leader in the senior living industry by:

  • Creating an environment that promotes social, intellectual, spiritual, and physical growth for our residents and team members.
  • Providing rewarding career opportunities, hiring the best team members, and giving them the tools to help themselves and our residents succeeds.
  • Achieving substantial financial success for our partners and investors through our unique approach.

VALUES

  • Embrace change and seek opportunities for innovation.
  • Operate with integrity in everything that we do.
  • Encourage and support diversity.

  • RENOWNED OPERATOR

    EXPERIENCE

    $4 BILLION

    TOTAL PORTFOLIO

    Managed over $4 billion in portfolio assets
    and developed over 5 million SQ FT in the
    South Florida market.

    COMMUNITIES

    8 operating communities with over 1000 units currently operating. Leadership team has opened and operated 72 communities, 15,000+ units, in 14 states.

    EMPLOYEES

    900+ employees working in operations, finance, project management, and support functions.

    YEARS OF EXPERIENCE

    A management team with over 150 years of combined senior living, real estate development, and capital markets experience.

    INDUSTRY PARTNERS

    78 operating communities utilize the Masterpiece Living program, which serves as the cornerstone of the AgeWell Capital operating concept. The program assists communities in becoming destinations for continued growth and a support system that promotes successful aging..

    LEADERSHIP

    PRINCIPALS

    LAWRENCE L. LANDRY | CHAIRMAN

    AGEWELL LIVING

    Lawrence L. Landry, a key principal of AgeWell Living, founded Westport Advisors, Ltd., an investment management company located in Palm Beach Gardens, Florida in 1998. Westport was the general partner of the Westport Senior Living Investment Fund, LP, a $550 million limited partnership investing in senior housing communities. From 1998 until 2014, Westport funded, developed, and asset managed new developments with a total of 900 units and stabilized communities totaling 1,800 units throughout the United States. It was also during this time in 2008 that Larry and his business partner Mark Lichtenwalner, as President created AgeWell Living with Chief Operating Officer David Mills.

    ROBERT JAS | CEO

    METROPOLITAN INVESTMENT

    A highly experienced private banker with a decade long career in the financial industry. Mr. Jas established a loan portfolio while working with large financial institutions on behalf of private and corporate banking clients. He managed the placement of over $1.5B in debt.

    MARK C LICHTENWALNER | CEO

    AGEWELL LIVING

    An operations executive with extensive experience in the senior living industry. Previously directing four independent living/assisted living rental communities and three continuing care retirement communities (CCRCs) with total revenues of $100M.

    ANNE STUART | CFO

    AGEWELL LIVING

    Interim EVP and CFO of a large post-acute company with revenues in excess of $475M. Ms. Stuart was Executive Vice President and Chief Financial Officer at Care One, LLC, a privately held company with a large portfolio of sub-acute, rehabilitative and skilled nursing facilities in fifteen states with revenues approximately $2B.

    DAVID MILLS | COO

    AGEWELL LIVING

    With an extensive history of holding corporate positions within the senior living industry, David joined Mark and Larry at AgeWell Living in 2011 as the Executive Director of La Posada and was then promoted to his current position as Chief Operating Officer.

    AGEWELL CAPITAL

    INDUSTRY OVERVIEW

    CATEGORIES OF CARE

    • Independent Living (IL)
    • Assisted Living (AL)
    • Memory Care (MC)
    • Skilled Nursing

    OUR INDUSTRY FOCUS

    • 70 to 220 units per property.
    • IL/AL/MC, AL/MC, or IL only.
    • Fully stabilized, distressed, or new development opportunities.
    • Located anywhere within the eastern United States.

    PROJECT OVERVIEW

    TEQUESTA SENIOR LIVING

    LOCATION

    4534-4546 County Line Rd
    Tequesta, Florida

    LAND

    8 Acres

    BUILDING

    178,054 SQ FT

    APARTMENTS

    124 Total
    81 IL units
    25 AL units
    18 MC Units

    ABOUT THE AREA

    Well-maintained intermediate and upscale neighborhood with numerous multi-million waterfront homes and golf communities, such as Trump National, Bear’s Club, Frenchman’s Creek, and Jupiter Hills Golf Club.
    A good balance of residential, retail, tourist accommodation, state and nature parks, single- and multifamily housing, recreational facilities, and marinas.

    PROJECT STATS

    The project is located in Tequesta – an affluent, residential incorporated village in Palm Beach County, Florida. Parts of the village are located near millionaire’s haven – Jupiter Island having the highest median home sale and the highest per capita income of any inhabited place in the country.

    STANDARDS

      • 124 apartments, in an upscale senior housing facility dedicated to self-pay and
        high end community
      • Exceptional tropical surroundings
      • A skillful competency of care
      • Superior setting with modern classical and elegant decor for the more discerning
        clients
      • Buildings designed to embrace the latest research and technology in senior and
        memory care

     

    request an information packet

    INQUIRE

    Miami branch
    1200 Brickell AVENUE SUITE 1450
    MIAMI, FLORIDA 33131
    +1 305 479 2861