ALW-supported residential care property
Anaheim ALW-Supported Home
Anaheim, Orange County, CA
Investment thesis
A converted residential care home positioned to serve residents supported by California’s Assisted Living Waiver (ALW). An operator LOI is signed; the asset is moving toward stabilized, lease-backed income with a diversified payer profile.
Property overview
1,900 sq ft licensed RCFE configured to accept ALW-supported residents alongside private pay. Operator letter of intent signed; final lease execution and lease-up underway.
Healthcare use case
The Assisted Living Waiver is a California Medi-Cal program that can help cover assisted-living costs for eligible residents in participating facilities, broadening the payer base for the operator.
Operator / tenant
ALW-participating operator (LOI signed)
Operator LOI signed; lease execution expected shortly. ALW participation adds payer diversification but introduces program-dependency risk.
Stage 2 - Stabilized details
The property is built out and an operator tenant is in place, producing stabilized lease income. A lower-risk, more predictable profile.
Income depends on the operator; this deal is at LOI, so lease execution risk remains.
ALW program rules, capacity, and eligibility are subject to change and can affect operator demand.
A portion of operator revenue may depend on ALW; program funding shifts are a specific risk here.
Lease-up and any re-tenanting costs could affect near-term income.
This is a prototype using fictional data. Nothing here is an offer to sell or a solicitation of an offer to buy any security, and no money can be invested. Targeted returns are illustrative, not guaranteed, and actual results may differ materially.