Luxury IL Census Gain
A private equity firm engaged Northbridge to work with one of its operators to assess operational issues and concerns about leasing velocity with this newer luxury independent community in the Midwest.
Read MoreTurnaround to Stabilization
A private equity group engaged Northbridge to turn around two all-dementia assisted living communities totaling 90 units in the suburbs of a large metro area in the Northeast.
Read MorePortfolio Census Performance
A private equity group engaged Northbridge to assess multiple recurring challenges causing seven of their assets to underperform in revenue and occupancy. The issues varied by asset, but the one operator overseeing them demonstrated inconsistent oversight resulting in systemic problems.
Read MoreOperational Improvement Impact
Northbridge is credited with prioritizing and accelerating operational issues that were adversely affecting the equity group’s investment, allowing a nimbler and more consequential turnaround.
Read MoreAgency Elimination
A private equity client owner notified NAS that despite our successful efforts at census maximization for two assets on one campus (Assisted Living and Memory Care), the campus was not meeting its financial goals due to extremely high staffing costs due to the use of agency staff. We were asked to take on the task of eliminating agency usage as quickly as possible.
Read MoreIL/AL Turnaround Sales and Marketing
A private equity firm engaged Northbridge to work with one of its national operators to drive the sales and marketing turnaround for five assets in the Midwest and Southwest, which were collectively stuck below budget for months at a time.
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