Smith/Packett
Investment Bank/Securities Brokerage - , N/A, US
Smith/Packett Details
Smith/Packett Med-Com, LLC ("Smith/Packett") is the premier provider of integrated market place solutions serving the senior housing development and care services industry. Celebrating over 30 years of quality service, Smith/Packett has developed or acquired more than 150 senior health and housing facilities with an aggregate value in excess of $1.5 billion.Over the last four years, Smith/Packett has managed more than $100 million annually in new construction, senior housing and related healthcare projects, making it one of the largest senior housing and care development companies in the country. Projects include senior housing and healthcare communities, active adult housing, independent living, assisted living, nursing homes, medical/office buildings, and mixed use facilities.The Company's success in developing, acquiring, managing, and re-purposing senior living facilities, and its record for delivering consistently attractive investment returns for its funds, has resulted in a long, remarkable market performance that rivals leading private investment management firms. During the past six years, Smith/Packett has managed six funds that have included 44 senior living facilities, having an aggregate value of $376 million. These funds have delivered an average annual return of 32% to its investors, making a Smith/Packett fund investment a preferred investment for many.
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