who owns holiday retirement

[7], Many veterans and surviving spouses are residents of Holiday Retirement. if(typeof pre_footer_setup == "function") { By applying to our openings you are agreeing to receive SMS/text messages. type: "POST", But imagine a place where you could do both: earn well and go to bed each night with a profound sense of gratification, knowing that you've made a difference in the lives of countless seniors. Of course, relationship building and problem solving are at the heart of this role and you'll have the "emotional" intelligence to engage both the prospective resident and their influencers, patiently listening to their needs and addressing their concerns. Apply with That means the current cash-on-cash return will be in the low single digits, and a spike in interest rates could really put the squeeze on. prevWindowHeight = false; $('.linkedin_div').width(full_width); And finally, what can we say about Bill Colson? padding-right: 0px; We are no longer laughing. But we also heard that back-up offers were not too far behind the $6.5 billion number. text-decoration: none; text-align: left; var height = Math.max(body.scrollHeight, body.offsetHeight, html.clientHeight, html.scrollHeight, html.offsetHeight); //console.log('Body taller than window'); @media all and (min-width: 701px) { Driving a variety of lead generation activities, including cold calling and cultivating referral relationships with local and professional networks (e.g. Pricing Gets Very Aggressive For The Largest Deal Ever The seniors housing acquisition market, as we have been saying for most of the past 18 months, has never been as strong, with so much depth, capital, product and willingness to deal, as it is now. Setting you up for success -- the job is challenging, but we'll get you up to speed with a comprehensive two-week sales and marketing training program covering all aspects of our unique sales model. color: #fff; Keys to Success } } About Holiday Retirement Holiday Retirement’s mission is simple: ‘Helping older people live better’, and it is largely up to the employees to make this a reality. Consider this: #footer_div a { Key responsibilities of this role include: $('object').each(function() { As my mother would say, put that in your pipe and smoke it. Holiday Retirement is a $7B retirement industry leader with 300+ upscale locations in North America; we're in acquisition mode and are poised to for growth. local community organizations, senior centers, doctors, rotary clubs, Chambers of Commerce, churches, hospital discharge planners, etc.) local community organizations, senior centers, doctors, rotary clubs, Chambers of Commerce, churches, hospital discharge planners, etc.) The ability to develop and foster relationships throughout the community Negotiating move-in agreements and terms with prospective residents. Collaborating with the Holiday Retirement team to convert leads from referral and professional lead generation sources to confirmed move-ins. The Essentials The obvious names were mentioned—Health Care Property Investors (NYSE: HCP), Ventas (NYSE: VTR), the Chartwell/ING joint venture, a Canadian pension fund or two, Kohlberg Kravis Roberts & Co., The Blackstone Group and Fortress Investment Group—and all with various reasons why they made sense for the deal as well as why they didn’t. } function indeed_success(result) { hide_monster_iframe(); or //console.log(result); You'll enjoy a life away from the confines of a traditional office environment as you spend most of your time in the field on lead generation and conversion activities. The company's name changed to Holiday Retirement in 1987,[4] and it added multiple communities to the portfolio every year from 1988 to 2009. }); $('.job_div, .new_search_div').last().addClass('roundB'); complete: function() { A passion for helping seniors and/or a strong appreciation for our mission. Still unsure? Our sales and marketing outreach programs are a collaborative effort between the Area and Community Sales Leaders, Community Managers, Co-Managers, Executive Chef, Residents and the rest of the team. Negotiating move-in agreements and terms with prospective residents. A passion for working with seniors and the ability to articulate a differentiated value proposition that demonstrates the "Holiday Touch" and rapidly convert prospects into residents will be pivotal to your success here. //This keeps our footer from floating off the bottom of the page line-height: 200%; The Holiday communities, on the other hand, might cost $100,000 to $120,000 per unit to build today, so there is a large premium to that market metric. Minimum 3+ years of outside sales experience with a proven track record of growing revenues through grassroots sales efforts. #footer_logo { William E. Colson and his father Hugh Colson founded Holiday Management Company in Salem, Oregon in 1971. Our guess is no one. There has also been some talk that Fortress believes it can bring in ancillary services to the Holiday communities in the same way it is trying to do at the Brookdale facilities with the newly acquired management skills from American Retirement Corporation. An industry about to explode -- consider: there are more than 75 million Baby Boomers in the US, and this generation is about to become the largest and wealthiest over-50 consumer group in US history. We provide our residents with more than just a place to live -- we provide the Holiday Lifestyle, which embraces Simplicity, Security, Wellness and Independence. text-decoration: underline; //' footer_setup(); right: 0px; float:right; Preferred, but not required: function monster_success(result) { monster_launched = true; var js, iajs = d.getElementsByTagName(s)[0]; tabberAutomatic(); If you are ready to spread the word about Holiday with passion and verve and you're the type of person who loves to be challenged in what you do and to love doing it, please introduce yourself through our online application process! Familiarity with customer/lead tracking systems. //'. We reach out to candidates via SMS/text messaging about future opportunities. Also, our exclusive travel program--that allows residents to stay at any of our 300+ locations free for up to seven days--is hugely popular with our clients and an added bonus to make your offering even more attractive. padding: 14px 20px 14px; Collaborating with the Holiday Retirement team to convert leads from referral and professional lead generation sources to confirmed move-ins. We reach out to candidates via SMS/text messaging about future opportunities. What's in It for You js = d.createElement(s); js.id = id;js.async = true; and existing residents to develop a pipeline of new prospective residents. View our online presentation here. (Opens in a new window) Negotiating move-in agreements and terms with prospective residents. It will come as no surprise that the winning bidder, or so we hear, is none other than Fortress Investment Group, the controlling shareholder of Brookdale Senior Living (NYSE: BKD). Holiday Retirement owns and operates over 300 retirement communities in North America. And it's the #1 reason why people say they chose Holiday Retirement to call home. We do not sell or share your personal information in ways other than what is described in our privacy policy. The company expanded east by opening Harrison Regent in Ogden, Utah on July 1, 1985. Bachelor's degree. Although nothing is settled, we understand that about two-thirds of the purchase will be financed with floating rate debt and one third with equity (we believe there is just over $2.0 billion of existing debt on the portfolio, but we do not know what is assumable). //console.log(result); What happens in the future, however, is unclear. @media all and (max-width: 700px) { } This is the fastest growing segment of the population: 35 million Americans are 65 or older and 4.2 million Americans are 85 or older, and life expectancy is increasing dramatically. However, residents of Holiday Retirement can use outside home health care services to meet additional needs. font-size: 16px; With the rumors first circulating two months ago that the company was going to be put up for sale, it was apparent that only the largest players, with access to at least $1.0 billion to $2.0 billion of equity, would be invited to the dance. .smsNotice { $(this).before(''); You'll need to be fairly comfortable with a short-to-long sales cycle (most decisions are within 60 days) as you aim to satisfy two sets of decision-makers: the resident and their influencers (sons/daughters and other family members). Recently acquired by Fortress Investment Group, Holiday is a well-capitalized and stable organization with over $800 million in annual revenues, $6 billion in assets and over 10,000 associates. About Holiday Retirement An added twist to the situation is that Fortress itself filed in early November with the SEC to go public, and we don’t know how a $6.5 billion transactions fits into that. Since there has been no announcement yet, the following numbers are still what could be called speculation, but we think they are close enough to mention. We don’t believe his small assisted living company is part of the deal, and we are unsure about his construction business (separate from the development business), but we are sure his lumber mills are excluded. data: data, }); Our unique environment offers rewards on multiple levels, including: Outside sales savvy + drive = rewards -- with a base salary and strong upside potential with bonus opportunities, you'll be able to drive the kind of income you deserve. Which brings us to an interesting discussion. Understanding the competition and their product and price offering in order to maintain our competitive advantage. Although we have not had access to the Holiday offering package, we have learned that the projected EBITDA for 2007 is close to $350 million, but this is based on a G&A expense that is considerably lower than the standard 5% of revenues management fee. Apparently, negotiations with any other bidders have been terminated or put on hold while Fortress and Holiday negotiate the details, but in addition to the fast timing and accommodating structure, the Fortress bid was also the highest among the final group, and it is doubtful that any of the others would have topped it if given more time for due diligence. It is also unclear how aggressive that $350 million forecast is, but most forecasts tend to err on the side of optimism when a portfolio is for sale. /* Mobile or Narrow Window */ url: 'apply_ajax_helper.php', We've built a brand on the "Holiday Touch", which is our term for the genuine warmth, empathy and respect for seniors that defines our communities and our company.

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