Senior Vice President - Existing MH/RV Acquisitions. I have only been there since January 2, so its very, very new. And I also attract good talent. Designed with you in mind. At an apartment complex up the road, one-bedroom units start at $2,400 a month, almost $1,000 more than Ms. Clement said she paid for the same size apartment there in 2018. Harmony Communities is dedicated to making home ownership affordable in communities that deliver premium value and enhanced lifestyles. Communities Meridian Spring Gardens Senior Living 208-605-3700 QUESTIONS? Independent Living | Assisted Living | Memory Care. Senior Housing News (SHN) is the leading source for news and information covering the senior housing industry. Independent Living residents benefit from the ease of a maintenance-free lifestyle combined with a rich activities calendar and quick access to local attractions. If you look at our competitors, many of them are run from the corporate boardroom, managed by investors who've never been in a senior living community - people who, despite having good intentions, have no idea what life is really like for the residents inside., That's just not the case with Harmony. Residents at the Sans Souci mobile home park in Boulder purchased the park from corporate owners last year after their rent increased. During your senior housing career whats the biggest challenge you have faced? We sat down with Kelly to learn about the companys vision for a new kind of senior living partnership, and to hear how his time in construction introduced him to the men and women who arrived on sites in dark, The Leadership Seriesisproduced in collaboration between Senior Housing News and PointClickCare. As a matter of fact, whats really interesting is that Im seeing more and more, not only independent living residents, but assisted living residents having iPads in their walkers. If residents of mobile-home parks cant keep up with rising rents, or cant afford to make the often extensive alterations to porches, gardens and awnings that are required under the new managements rules, they are swiftly replaced. The homes will start at $89,950, according to Harmony Communities. Community content is available under CC-BY-SA unless otherwise noted. We dont believe in shocking the system., He reiterated that tiny homes will only be placed in the park when vacancies occur, and nobody is being displaced., We are not asking anyone to leave, he said. All content is posted anonymously by employees working at Harmony Communities. I was doing consulting, and we had just moved from Boston back down to Florida. And this industry does not take advantage of that as much as we should. The bill would also limit rent increases to 3 percent a year. Harmony Communities purchased the park at 5878 Garlic Farm Drive for $9 million, documents filed on Jan. 6 with Santa Clara County show. Summary Presentation. 571-348-0629 Visit Location. In others, residents were notified but struggled to coalesce quickly enough to make a purchase offer. Like many operators, I think weve got opportunities to improve our hiring process, further minimize turnover, and really build and develop a stable environment as far as the operating team, he said. You have entered an incorrect email address! Privacy Policy Moroni. Real Capital Analytics, a market research firm, said in a June 2021 report that institutional investors had accounted for 23 percent of manufactured housing park purchases over the previous two years, up from 13 percent in the two years before that. Harmony Public Schools is a system of 60 Texas public charter schools that provides rigorous, high-quality education focused on Science, Technology, Engineering, and Math. [Around] 100 [communities]. What are some of the things you learned at Sunrise? She said she wanted to see a commitment from Harmony Communities that it would limit raising rents, or not increase it at all. He will be helming a company in growth mode. Do you think you want to come out with a high-end brand for Harmony? Harmony is one of just 10 companies actively growing, processing and dispensing medical marijuana in New Jersey. We should have some better answers [after we set up a working group]. More important than my own observations, I spoke with the residents of these communities, to hear for myself what the residents did and didn't like. I have my degree in hotel and restaurant management, but an associate degree in sales, so I was really excited about the opportunity. Save my name, email, and website in this browser for the next time I comment. With your background, did you ever think about starting your own operating company? Affordable Communities Harmony Communities owns and operates premier manufactured housing communities in the western United States. According to Strive Communities, the rent increases were intended to bring rates closer to market rate, and the company invested nearly $1 million in park improvements. Whether this is your first, last, or somewhere in between, you will be sure to find a HOME you will cherish forever. But I have an expiration date. SVP - Development Strategy Construction Services. . Theres nothing wrong with Courtyard. All rights reserved. I think it scales to a degree. His time with MBK gave him operating chops and also honed his leadership style; he strives to be collaborative and transparent, he said, and to exercise his listening skills, especially early in his CEO tenure. Copyright 2023 Harmony Homes. 838 West Hastings Street, Suite 300 | Vancouver, BC V6C 0A6 | 604-669-2663, @ 2023 Harmony Communities. Senior Housing News: Meet Watermark Retirement Communities Chairman David Freshwater and President/CEO David Barnes. Were doing a majority of capital improvements to continue to provide clean, affordable, safe housing for everybody.. 1616 East Rock Creek Drive Orange, CA 92866. If you think about Disney, its very similar to our business where the end user and the decision maker or the buyer are two different people. As an industry, [sometimes we try to create a] repeatable performance with systems in place across the board from a branding perspective. Through a caring and collaborative environment, Harmony provides students from traditionally underserved communities the opportunity to excel through project-based learning . Your staff has been amazing and accommodating. A graduate of Case Western Reserve, hepreviously served as president and CEO for Mariner Health Care, Inc., and as chief operating officer for Integrated Health Services and held various management roles in speciality and rehabilitation hospitals. (888) 691-9773. ashort@suncommunities.com. Theyre doing it for their kids. Receive industry updates and breaking news from SHN, Why a Big Year for Operator Consolidation Could Spur Senior Living Innovation, CLC CEO: Senior Living Industry Can Trim Costs, Improve Services By Embracing Value-Based Care, LCS President: Senior Living in an Even Better Spot Today Than Nearly 3 Decades Ago, SHN+ Report: The Medicare Advantage Opportunity for Senior Housing, What Integra Blowback Means for Welltowers Senior Living Strategy, the SNF Investment Landscape, Chapters Living President: Were Building Momentum With Initial Portfolio in Place, Brookdale Turns Focus to Slashing Agency Usage, Fostering Growth Mindset EDs, Best Building Renovation Design of 2022: Senior Living Goes Back to School. What was it like to come up through the ranks at Sunrise? The hardest thing is finding partners that really believe in what were doing. Tell me about that process of making the move to Harmony. Whats been your personal biggest challenge that you faced from a career standpoint? Charleston, How many communities do you want to have in five years? * *If you sign by 2/28/2023 View Photos Get cost information Contact for Costs And we havent been able to grow double digits in revenue. Big Boulder Lake. Nine interviews later with Tiffany [Tomasso] and Paul [Klaassen] I finally got the role and I started, in a construction trailer. What are some of the things youre implementing? , Columbia, SC 29229 (800) 385-2527 Summary Reviews Costs Photos Amenities Description Map PROMOTION! Corporate Headquarters: 838 West Hastings Street, Suite 300 | Vancouver, BC V6C 0A6 | 604-669-2663 What makes Harmony Homes so unique is that not only do our professionals possess valuable knowledge and experience from working for public and private home builders across the United States, every member of the Harmony Homes team is essentially our customer. Our upscale, luxury senior apartment communities offer some of the largest apartment spaces in the industry; the resort-style experience of superb chef-prepared meals; and a never-ending variety of engaging daily activities and amenities. I think that people are becoming more and more sensitive to the cost of the real estate when theyre looking at senior housing options, and what we have put in place is a way to keep the rent attractive and then we have tiered pricing for care. We would proudly recommend you to any friend or family member. Councilmember Carol Marques said she spoke with some of the residents at the RV park, who said they were concerned about getting evicted because they were unable to afford a tiny home. No, I didnt. Tom was a great partner. What attracted you to the Sunrise job? And people arent really buying the bricks and sticks. Now is the time to become a valued member of the Stockbridge team. Communities in a joint venture with global institutional investors and members of YES!'s management team. Your staff has been amazing and accommodating. We truly are family, serving families. The way you described Sunrise sounds like a breakup that you didnt want to necessarily go through. Its really personalizing the relationship with the right people. If you think about Brookdale, they acquired a lot of properties and Emeritus had acquired a lot of properties, so they actually had multiple brands within that Brookdale umbrella. Home seekers will discover exclusive and distinguishing designs color each community, giving each a sense of identity. We recognized that there was a need for coordinated and compassionate home health care services in our local communities, and started Harmony Home Health & Hospice as our calling to serve others. Take the first step toward a brighter future. After more than a decade leading MBK Senior Living, Terry Howard started an advisory firm and was not looking to get back into operations until Harmony Senior Services came calling. wc. https://www.nytimes.com/2022/03/27/us/mobile-home-park-ownership-costs.html. From first-time buyers to retirees, our home owners appreciate living in communities that offer professional on-site management, recreational amenities, and security, while providing exceptional housing values in desirable locations nationwide. The real estate, not so much. Harmony really does a great job of delivering on the food service promise, Howard said. Do you think the adult child is demanding more technology in todays communities? Harmony at Chantilly. I think [it depends] on what market youre in and what the competition looks like. Where do you think the upper limit is on the size of a company? And our price point does, too. 9 days Treat Yourself to sweet savings! Prior to joining Sunrise, he served as CEO for MedQuest, Inc., an outpatient operator of diagnostic imaging services. We sat down with Freshwater and Barnes (see below) to hear about their first foray into senior housing, their founding principles, and the metrics they look for in their day-to-day, Meet Sean Kelly, CEO of Kendal Corp. out of Kennett Square, Pennsylvania. Were looking [at] four 10-hour days, and things we think they want. City officials and residents at R.V. The distinct craftsmanship of our home designs has been passed on through generations of experience along with the quality of details. You really have to have the heart to do this work, and finding people who have it is hard. Oliver Clement working on his homework after school. It offers residents independent living options as well as a variety of amenities and services. But you know what? Yes. But in the two years since Colorados opportunity-to-purchase law went into effect, only Sans Souci and two other parks have been sold to residents. In any other place, with 18 to 20 percent returns, youd be pretty happy. . I was really excited to be back in my house and taking a break. Since our founding in 1982, we've grown to 34 communities and over 2,500 associates serving seniors and their families with Independent Living, Assisted Living, and Memory Care services in 12 states along the Mid-Atlantic and Southeastern US. LEARN MORE, SPONSORED BY: Charleston, Whats the biggest risk youve taken in your career? My first snowstorm as an executive director, when I had staff that couldnt show up for work, I really had to think long and hard. Our communities are defined by the services, affordability and lifestyle opportunities they offer to our residents. They formed a cooperative to offer to buy the park themselves and were on track to obtain financing from ROC USA Capital, which supports resident-owned communities across the country. Located at 564 West Main Street, Harmony Hills Of Lehi offers assisted living services for older adults. Do you think you can still deliver a pretty good resident experience at that middle tier? Receive industry updates and breaking news from SHN. Another bill is being drafted that would give residents access to a loan fund that would help them compete with private equity firms, many of which receive government-sponsored financing to purchase parks. Patricia George, a resident of the Golden Hills mobile home park, is being priced out of the park and is not sure where she will be able to move. We believe in it. I think what happens is there becomes too much space between the actual consumer and the decision-makers, and thats never a good thing. Theres been talk of starting a community garden or creating a solar grid for the park. In the cycle of life, the quest for harmony is an abundant one and a gem in the world of reality. The company quickly proved the Golden Hills residents fears correct, applying 50-percent rent increases and issuing a 12-page single-spaced list of new park rules. Weve seen a big boom in ancillary services. I personally believe our biggest competitive advantages are people. A-Z Partial Listing of MHC Owners in the United States AKA: Mobile Home Park Owners, Trailer Park Owners, RV Park Owners. Whether they get the care from me or a home care provider, they need the care. Harmony Communities. The next group of people who are coming dont have the same [means]. Less than four years ago they had about seven Harmony properties and today we have 21 of which 10 are in lease-up. We have a care platform that has five different levels to it, where we can cover the full gamut, which is really exciting and creates attractive price points. Could not have asked for a better experience with a builder! One of the things that was really interesting is that I thought I was going be able to do consulting part-time. "We believe in charging a fair market . That was their end goal, so that in three to five years they could resell.. Matt Davies Harmony Communities 6653 Embarcadero Dr Suite C, Stockon, California, https://medium.com/authority-magazine/matthew-davies-of-harmony-communities . I actually thought it was going to be a bed and breakfast. Were starting to see the REITs put a lot more pressure on operators right now, and It seems like were starting to see what used to be like. Its existing portfolio encompasses nearly 30 communities across seven states. Submit an Obituary, SPONSORED LINKS Davies replied that Harmony Communities increased rents by roughly $50 to $75 when it purchased the park, bringing most spaces up to a $975 monthly rent. Going from high-end providers like Sunrise and Benchmark, what attracted you to the more mid-market opportunity? Located in Avon, Indiana, our senior living community offers spacious apartments and a rich menu of services and amenities, perfect for those who are ready to expand their horizons. 1120. The house is beautiful, the workmanship was professional, and we are satisfied that we got the very most for our money that we could have anywhere in the city. Everybody thinks its money [that retains people], but money is not always the first thing. Its really hard.. Did you know you had that heart when you joined Sunrise? The young lady whos running it from the corporate office used to work for the cruise lines. We shouldnt be building the same thing in a top-tier A market that were building in a C market. And they just won me over. After years of squeezing into one-bedroom apartments with her, her 7-year-old son finally settled into his own bedroom, his toys splayed out in the yard and his school just at the edge of the park. With 42 locations spanning from the Midwest, to the East Coast, and down the Southeast, there is a Harmony Senior Services community that's right for you. Harmony Communities is a privately-owned company brings over two decades of ownership and management experience in land lease properties to residents nationwide. Investors Are Buying Mobile Home Parks. We take the time to learn about each resident so we can build our activities around their interests and abilities. Thinks its money [ that retains people ], but money is not always the first thing doing... To do consulting part-time not take advantage of that as much as we should posted anonymously employees... 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Market that were building in a top-tier a market that were building in a joint venture with global institutional and. Harmony Hills of Lehi offers assisted living services for older adults starting a community garden creating! A community garden or creating a solar grid for the cruise lines career. Actively growing, processing and dispensing medical marijuana in new Jersey Stockbridge team the. Reviews Costs who owns harmony communities Amenities Description Map PROMOTION what happens is there becomes too much space between the actual and... Their rent increased moved from Boston back down to Florida to come out with a high-end for! David Barnes as well as a variety of Amenities and services i have only been there January... And this industry does not take advantage of that as much as we should have some better [. Have in five years this industry does not take advantage of that as as! Adult child is demanding more technology in todays Communities thinks its money that... 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