Navera Group

[...] even greater that your input will be sought soon. While the brisk development pace of senior living communities has slowed, the debate about the necessity, desirability or viability of these [...]

[...] Boston, MA — Stephen Todd and Ed Karas are pleased to announce the formation of Navera Group, LLC. Navera Group is an interim management and financial advisory consulting firm that [...]

[...] lender in a better position to prevent a fire from burning or spreading. The professionals at Navera Group have been advising lenders, private equity investors and company management for over twenty [...]

[...] the resident leaves the community.[2] The net impact of new resident entrance fees and entrance fee refunds can widely swing available cash for operations and debt service.  Further and unlike a [...]

[...] entrance fees and entrance fee refunds can widely swing available cash for operations and debt service.  Further and unlike a cruise ship, a senior living facility cannot remain in port to mitigate [...]

[...] ? Is there any concern with the quality of earnings and EBITDA? How much cash is available for debt service or investment in the business? Is there a decrease in the ability to collect on accounts [...]

[...] health of senior living communities.  One of the more significant measures is whether cash operating expenses can be covered by cash operating revenue.  A ratio of 100%, or preferably less, is [...]

[...] cycle to attract new residents lengthened.  As a result, entrance fee refunds outpaced new entrance fee deposits hampering liquidity and, in some cases, the viability of the entire senior living [...]

[...] are that you know of someone that currently lives in, or has contemplated living in a senior living community. As a trusted financial professional, your opinion about the economics of the community [...]

Chances are that you know of someone that currently lives in, or has contemplated living in a senior living community. As a trusted financial professi [...]

Chances are that you know of someone that currently lives in, or has contemplated living in a senior living community. As a trusted financial professi [...]

[...] the nature of the contract governing entrance fee refunds, occupancy levels and operating ratio trends. If you are a senior living executive in need of advice or if you are in a position to [...]