Get an independent check of the deal before you commit your money: the real profit, the market, the operator, and the questions to ask next.
We provide the data, so you can make an informed decision.
Our risk framework
P(Execute)™ stands for the probability of execution: how likely it is that the plan behind a deal actually happens. We built it to check our own deals, and it's why we've walked away from deals we had under contract.
92% of senior living deals fail. P(Execute)™ catches the risks early and helps you mitigate them.
P(Execute)™ is a risk review, not a recommendation. You make the decision.
We're not just an underwriting company. Our sister company, Relik Capital Group, buys and improves senior living communities, and the reviews we do for you use the same process we use on our own deals.
350+ senior living units in our portfolio and ~$15M raised from investors. You get the same model we use when our own investors' money is on the line.
Independent living, assisted living and memory care. Nothing else. 100+ deals reviewed in 2026.
Built to find the reasons our own deals would fail. It's why we've walked away from deals we had under contract.
Senior living communities are priced as a multiple of their yearly profit. So when the profit in the listing is overstated, the price is overstated many times over.
For example, costs left out, or rents that residents aren't actually paying.
The yearly return buyers expect at the purchase price. Lower cap rate = higher price for the same profit.
$50,000 ÷ 6% = $833,333. Illustrative math only, not a prediction for any deal.
Flat fees. Our fee never depends on whether you invest or the deal closes.
A quick, clear read on a deal: is the profit real, and what should you ask before you invest?
The complete financial picture of a deal, so you can commit capital, raise money or present to your investors with confidence.
Looking at several deals, or a portfolio of 3 or more buildings? Book a call.
Case study
A ~65-unit community near Houston. Its yearly profit had fallen by a third, but the asking price hadn't. At that price, the property would earn about 5% a year while the loan would cost 8%. The seller wouldn't lower the price, so we walked away.
Read the case studyI recently transitioned from multifamily into senior living. I didn’t know where to start when it came to reviewing the sponsors’ numbers. The full underwriting helped me make a decision about an investment. I used the questions Relik called out to vet the sponsor.
As a fund manager new to senior living, I go to the Relik team to get an independent assessment on the deals and operators I’m evaluating. Their reports are easy to understand, delivered very quickly.
The P-Execute insights are so helpful in catching land mines. I use it to have a consistent way to compare deals I’m evaluating.
Outstanding. I was blown away by the full underwriting. So much data and attention to detail. The Relik team also kept me up to speed on status and timeline. The communication was very proactive.
No. We provide the data, so you can make an informed decision: the numbers, the risks and the questions to ask.
The Deal Screen, if you're an investor deciding whether a deal deserves a closer look. The Full Underwrite, if you need the complete financial picture to commit capital, raise money or present to your investors. Anyone can buy either one.
Our framework for checking how likely a deal's plan is to actually happen. It rates five areas: the operator, the business plan, the deal structure, licensing and regulations, and the market.
For a Deal Screen: the listing package from the broker, the last 12 months of financials, and the list of residents and what they pay (the rent roll). For a Full Underwrite, also 2 years of financials, the record of residents moving in and out, and payroll.
3 business days for a Deal Screen and 5 for a Full Underwrite, once we have your documents.
Add a Report update ($1,000) and we re-run your numbers. Or add Support through closing ($5,000 / month) and we stay on your deal until it closes.
Licensed senior living communities with 40 or more units: independent living, assisted living and memory care. We don't review small residential care homes.