About Us

Day Senior Living (DSL) is a specialty consulting and advisory firm that works throughout the US and Canada.

DSL represents owners, designers, developers, lenders, and other capital partners within the senior housing market. Our private capital programs are designed for borrowers, real estate investors and developers who may not be able to meet their financing needs

through traditional bank lending platforms or have access to private equity funds. By arranging non-recourse terms, flexible underwriting standards, creative loan structures and fast execution, we are able to help our clients achieve their goals.

DSL was founded by John Day in 2018, in response to an increasing demand for private capital in underserved real estate markets specifically within the Senior Housing market. At DSL, he is responsible for the company’s vision and strategic direction both domestically and internationally. Previously, Mr. Day worked in Investment Banking and Private Capital in Los Angeles where he focused on Real Estate and Hospitality as part of their deal origination, structuring, and client services team. Prior to that he lead operations and client development for a multi-practice Law Firm.

Outside of work, Mr. Day is an accomplished waterman and an avid yachtsmen who holds a 100T captains license. He enjoys fishing and boating in Bermuda, Bahamas, Caribe, and Hawaii.

Financing

DSL maintains unique relationships with core lenders and investors who provide non-recourse capital to investors and developers alike. We assist clients in obtaining competitive permanent, bridge and construction loans and work aggressively on their behalf to achieve their investment property goals and objectives.

Bridge Financing

Non-Recourse / Future Funding Facility / Interest-Only / Flexible Loan Structures

DSL arranges short to medium term capital for acquisitions and recapitalizations of existing assets. Ideal for transitional, non-stabilized assets with a value-add component or situations where a quick closing with surety of execution is needed. Bridge loans typically include, but are not limited to, opportunistic investment transactions for mispriced assets with substantial upside through turnaround situations, discounted payoff and discounted note acquisitions.

Construction Financing

Non-Recourse / Fixed or Floating RateAssumable / 25-30 Year AmortizationFlexible Structure

DSL long-standing lender relationships provide non-recourse financing for the acquisition and refinance of hotel properties. We facilitate customized loan structures with low interest rates, longer amortization periods and flexibility. These financing options are designed for cash-flowing and stabilized properties in primary, secondary and tertiary markets.

Mezzanine Debt Financing

Non-RecourseInterest-Only Available

DSL arranges mezzanine debt to give a sponsor greater proceeds and go higher on the capital stack (LTV) than what senior conventional debt would allow. Mezzanine loans are typically secured by second liens on real estate or by partnership and limited liability company interests. They are ideal for opportunistic purchases to minimize the direct common equity required, recapitalizations, and refinances where the principal amount currently owed is higher than what senior debt loan commitments can be obtained. Pricing of these financing vehicles varies and is based on the risk associated with the transaction. Our experienced team can navigate you through the mezzanine financing process and provide you with a customized solution for your next project.

Preferred Equity

DSL works together with specialized lenders and opportunity funds that provide investors with preferred equity. In situations where certain lenders prohibit mezzanine debt to lever a property, an equity position can be beneficial to reach an LTV ratio of >90%.

Joint Venture Financing

DSL facilitates and arranges JV’s through its clients for approved developers & owners to jointly develop senior living village communities, including senior housing for sale, rental housing with assisted living services, and related common areas, facilities, and services.

Sale Lease Back

DSL sale leaseback process is relatively straightforward. A company that owns a valuable asset who needs cash can sell that asset to an investor, such as a real estate investment trust (REIT), private equity firm or institutional investor. The investor, in turn, leases the asset back to the company at an agreed-upon rate.

Sale leaseback transactions are typically long-term, with lease terms ranging from 10 to 30 years. The lease rate is usually set at a market rate, but it can be higher if the asset is in a prime location or the property is of higher value.

Development

DSL offers an array of development services and typically acts in a co-development and owners rep role between its clients and its lead developers to ensure the success of the projects. Our team has the experience and capacity to finance, design, develop, build, and operate your community.

Development

DSL coordinates project pre-development and development with its lead developer and designer to ensure the long-term viability of each asset. Our experienced team manages the entire process to ensure that each project is delivered on time and on budget. From program verification and market studies to interior design plans and contractor management, we provide turnkey development/design services for senior housing communities.

Our property development capabilities include:

  • Site Selection
  • Market and Feasibility Studies
  • Financial Analysis
  • Conceptual Design
  • Contractor Management

We develop, design and program:

  • Independent Living
  • Assisted Living
  • Memory Care
  • Continuing Care Retirement Community (CCRC) – Senior Apartments.
  • Medical Office Buildings