We represent assisted living facilities (ALFs) their staff and employees, as well as investors and lenders, at every stage of the business lifecycle. We counsel our clients in a wide range of areas from acquiring required certificates of need (CON) and proper licensure permits to compliance with ever-changing federal and state regulations.
Operating an ALF involves numerous interdependent legal issues and our team has the specialists who know them all. Our clients rely on us to help them obtain the required certifications and licenses, comply with ever-changing federal and state regulations, respond to and resolve inquiries from state and federal agencies. We also handle contract negotiations and disputes with vendors, employment matters and professional liability disputes.
We have extensive experience in managing the chain of ownership, operational company/property company split deals, and other regulatory aspects of healthcare transactions involving ALFs, ranging from single-facility purchases and sales to some of the largest multi-state transactions. Our strong relationships with financial institutions allow us to help our clients more easily obtain the financing they need for deals and operational expenditures.
One of the greatest benefits that we provide to our clients is our collaborative and interdisciplinary teams comprised of the specialists each matter requires. Thus, we apply real estate expertise to ALF acquisition and design; tax expertise to state, local and federal tax treatment of the development; securities expertise to the syndication of management companies; business transaction expertise to the structure and operation of the facility; and regulatory skill to the various state CON / licensure requirements, employment issues, litigation, and contract negotiation.