LK Asset Advisors knows how to transform aging and underperforming senior properties into vibrant, successful senior living communities. The Senior Living team at LK has a brain for the business but a big heart for the residents. Specializing in renovating and restructuring assisted living, and memory care environments, our team can streamline operations, reinvigorate marketing strategies, increase occupancy rates, and improve the quality of life for our residents.
Mirror Lake Senior Living – Seattle, WA
Mirror Lake Village Senior Living is a premier retirement and assisted living community located just south of Seattle, WA. The facility has 24 independent living cottages, 98 independent and assisted living apartments (including studios, one bedroom and two bedrooms) and a Memory Care program consisting of 25 apartments. LK provided Asset Management and Fund Control services that incl...
Adora Midtown Park – Dallas, TX
Adora Midtown Park is a beautifully designed skilled nursing center. The 80-bed skilled nursing and 29-bed assisted living facility opened in 2018 and struggled attracting new residents and patients. That, combined with the pandemic, ultimately led to cash flow shortfalls and an inability to service the debt. LK Asset Advisors was engaged by the senior lender to act as receiver so tha...
Harbor Heights Senior Living – Anaheim, CA
The Harbor Heights Senior Living community in Anaheim, CA is a 73,841 square foot facility consisting of 105 units and is licensed for 199 beds. Run down and poorly managed, the property was acquired in July of 2019. After taking possession, LK began an aggressive $5,000,000 renovation of the property. The newly renovated property, combined with a new marketing campaign and a strong ...