Joe Pohlen@joepohlen
Life is short, old people are cool. Assisted Living Operator with Cardinal Senior Management. YPO. DMs are OPEN livecardinal.com Grand Rapids, MI & Central PA Joined December 2008-
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@joepohlen thank you for such an informative and interesting call! Every time you open up I learn something valuable. Appreciate you sharing.
@joepohlen thank you for such an informative and interesting call! Every time you open up I learn something valuable. Appreciate you sharing.
Thanks for hosting this yesterday @joepohlen! Great to see the vertical integration that allows you to successfully tackle challenging assets many cannot touch.
Thanks for hosting this yesterday @joepohlen! Great to see the vertical integration that allows you to successfully tackle challenging assets many cannot touch.
As a new owner/operator getting into Senior Living industry the information shared by @joepohlen on today's zoom call about how his team brought in the deal on carecardinal.com/our-communitie… and turned it around is just invaluable. Truly a role model! 🙏
@joepohlen Great call today Joe! Thank you
Twitter really is amazing. Just had a master class from @joepohlen about a recent senior living facility he purchased. It's great to see such smart people sharing their knowledge and experience just for the love of the business/community. Thanks Joe!
This was a fantastic call. Joe + team's transparency was awesome, and I learned a ton about the IL/AL/MC biz. Thanks @joepohlen !
This was a fantastic call. Joe + team's transparency was awesome, and I learned a ton about the IL/AL/MC biz. Thanks @joepohlen !
Overheard on a conference call. ‘You’re wearing a whole in that tire with how hard you’re kicking! Nearly bent the rim.’
Here's everything I know about Blackstone's foray into senior living. General consensus is that it hasn't gone well, although I think it's less of a disaster than I originally believed. In 2017 Blackstone set up and capitalized a wholly owned entity called Longview Senior… x.com/i/web/status/1…
Pure
Community engagement is vital for fostering a sense of belonging and social connection. That's why we host regular events like game nights, art classes, and outings to local attractions.
Everyone thinks you're playing favorites. Servers in our dietary departments start at far side of the dining room and work their way back towards the kitchen on odd days and then in reverse on even days. This ensures the same people aren't always served first and rumors of… x.com/i/web/status/1…
@joepohlen Thanks man, it’s a concept we felt gets ignored in design. High ratios in efficiently but award winning designed places, means caregivers are close by at all times, high ratios that are still an elevator ride and sprint away = design challenge
One of the wisest things I’ve heard on assisted living staffing. Caretaker per square foot is a better metric than caretaker per resident. Said by the sage @TooSoonByLoe
Headed to Cartagena, Columbia on Spring Break with my wife, son (6) and mother. Any advice on activities or restaurants? We are staying in the old city
Will be doing this Wednesday at 2 pm eastern. If you send me a DM with your email I’ll get a NDA and calendar zoom link sent over. Last time I did this there were around 40 people on the call. It was a lot of fun. We go into deal structure, financing, performance, the name… x.com/i/web/status/1…
Will be doing this Wednesday at 2 pm eastern. If you send me a DM with your email I’ll get a NDA and calendar zoom link sent over. Last time I did this there were around 40 people on the call. It was a lot of fun. We go into deal structure, financing, performance, the name… x.com/i/web/status/1…
Moses Kagan @moseskagan
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@joepohlen To be fair, if you look at the clowns at Rise48/Nitya/GVA and say “imma give them my doctor money” that’s a little on you.
Next week I’m recording with a giant in our industry - Mark Gibson, CEO of JLL Capital Markets and prior Co-Founder of HFF. Every time we talk I realize his pulse on the real estate industry is the gold standard. What would you like to know?
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Greatest Trash Company out there @WasteManagement 3 reasons I love them 1. Dividends today $WM - $4.42 2. In total returns I’m currently up over 65% 3. My Dad has worked for them the past 30 years. Setting a great foundation of the person I am today. Thank you 💚💛💚💛💚💛
Google Maps: field/broken down building Street View: beautiful new building I love checking maps and seeing that new devs haven't been picked up yet by Google. Not quite ex nihilo, but close. Although, many of these shouldn't have been built in the first place.
What do you think of this tile choice/install? What does this remind you ? It’s tickling something in memory but nothing jumps out By Studio Elephant
@moseskagan The time and filing burdens on small business from state and local municipalities makes me question whether or not small business is worth it. The other thing i can’t understand is how all owners of employee heavy businesses are ok with the current state of health insurance.
Overheard today: “Why is it easier to attack someone online? Bc you don’t have to see the pain in their eyes.” Dang.
@DAlg180 @joepohlen Totally Agree - Joe took 45 minutes of his time last year to talk to me about a CCRC that I'm on the board of with some ideas. Truly a kind person.
@amormemorycare @joepohlen Was this recorded? Can’t believe I missed it.
This was a fantastic call. Joe + team's transparency was awesome, and I learned a ton about the IL/AL/MC biz. Thanks @joepohlen !
This was a fantastic call. Joe + team's transparency was awesome, and I learned a ton about the IL/AL/MC biz. Thanks @joepohlen !
Twitter really is amazing. Just had a master class from @joepohlen about a recent senior living facility he purchased. It's great to see such smart people sharing their knowledge and experience just for the love of the business/community. Thanks Joe!
As a new owner/operator getting into Senior Living industry the information shared by @joepohlen on today's zoom call about how his team brought in the deal on carecardinal.com/our-communitie… and turned it around is just invaluable. Truly a role model! 🙏
I could use this roof situation
As a quantitatively-focused real estate investment shop, we have often allowed the numbers to push us towards more marginal areas in search of higher yields. One key lesson from Covid: Rents in the best locations hold up better in a downturn & bounce back faster when it ends.