Mick Hunt
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You're right.
And I can break this down for people that are listening that are like, why are Mick and Isabel having this type of conversation?
It sounds like a good alternative to at least consider or ponder is if you wanted, if your vision was 66, 70 bed facility, maybe look at a few residentials and almost package it together.
Because, again, the current and this is not a knock, but the current look of assisted living feels institutional.
I know there are a handful that don't, but a lot of them do.
You have better cost control, it sounds like.
It's just tough.
Um, things like the private chef.
And when you look at building an assisted living facility from the ground up and the zoning and all the things that you have to do in the land, like you're looking at 14, 15 million.
So some of those expenses can be shared.
So let's just, I'm making this up.
If you had four homes for residents, right?
Some of those expenses can be shared amongst those four.
Easy, easy, easy just to do that versus building homes or buying homes that already exist and doing some things like Isabel's talking.
Like a chef doesn't have to just be at one home, right?
That chef could go to three or four homes.
I mean, that is a much more cost effective way to look at it.
And to the point that Isabel's making is,
If you have a big plot of land and you've got enough that you can put homes on, now your activity centers can all be centralized.
So your activities director doesn't have to travel 20 minutes per location per day like it could just be there.