Faris Lee works with retail owners and investors to optimally position retail assets. A strategic approach to explore in a challenging and complex environment is adding senior housing or hospitality uses to address challenges a retail property faces, or to maximize the value of unused land.

Senior housing and hospitality operators tend to fit well in retail environments because sites are typically located near a variety of thriving retail centers, medical services, restaurants, and other amenities that appeal to a growing segment of seniors and travelers. Through an advisory process that produces a strategic plan to monetize assets, Faris Lee guides retail owners to convert under-performing properties into stable, cash-flowing assets with higher returns.

Faris Lee’s Senior Living and Hospitality Group has expertise across the spectrum of both property segments to help capture the opportunities that exist from increased demand. The group’s experienced team of specialized professionals has completed both single-asset and portfolio transactions.