BWE Investment Sales, a leading investment firm, is making significant strides in the senior housing sector with the launch of a new investment platform called BWEIS Seniors. The platform will be led by Charles Bissell, a former managing director at JLL with over three decades of industry experience.
With the introduction of this new platform, BWE Investment Sales aims to provide a comprehensive range of capital market solutions for clients in the senior housing industry. By partnering with the BWE seniors housing debt and structured finance teams, BWEIS Seniors will be able to offer a full suite of services to cater to the unique needs of its clients.
This expansion aligns with the recent growth of BWE Investment Sales, which includes the establishment of regional hubs and national industry specialties. With these enhancements, BWE Investment Sales is better equipped to serve real estate owners and provide them with a more comprehensive range of services.
Charles Bissell, the head of BWEIS Seniors, expressed his excitement about the launch of the platform. He stated, “Investment sales is a crucial part of a full-service capital markets platform, and our vision is to work collaboratively with the BWE seniors housing team to provide valuable advice to our clients, presenting them with multiple solutions to complex investment challenges.”
The decision to add a senior housing platform to BWE Investment Sales has been in the pipeline for some time, and the company is optimistic about the upcoming surge in transaction volume. As the senior living industry continues to evolve, BWE Investment Sales aims to be at the forefront and provide innovative solutions to its clients.
Prior to joining BWEIS Seniors, Charles Bissell worked as a managing director for the JLL Capital Marketing Group and has been involved in senior housing since 1995. His extensive experience in the industry makes him well-suited to build a team of top-notch investment sales professionals focused on the senior housing sector.
The senior living industry has faced challenges this year, with a decrease in the number of transactions compared to the previous year. According to LevinPro LTC data, there were 25% fewer deals in the second quarter of 2023. Factors such as higher interest rates, banking sector instability earlier in the year, and overall uncertainty have made it more difficult to close deals. However, there is hope for a rebound in 2024.
Overall, the launch of BWEIS Seniors by BWE Investment Sales signifies the company’s commitment to expanding its presence in the senior housing sector. With a strong team of experienced professionals and a comprehensive suite of services, BWEIS Seniors is poised to become a significant player in the industry and provide valuable solutions to clients facing complex investment challenges.