GranVida Senior Living

Carpinteria, CA — 55 AL Units, 22 MC Units

GranVida was a well-located community with long-term potential but was struggling under multiple prior management companies. Occupancy was dangerously low, NOI was in the red, and the community had a poor reputation in a tight-knit coastal market.

$183K

Monthly NOI
(up from -$6K)

41%

Contribution Margin

98–100%

Occupancy sustained in a highly competitive market

  • Challenge

    The property was operating at less than 50% occupancy, losing approximately $6,000 per month in NOI. Resident satisfaction was low, staff morale was unstable, and the community had cycled through two major management companies without success.

  • Strategy

    We focused on rebuilding public trust within the local market, significantly enhancing the resident experience by upgrading dining and activity programs, and implementing a streamlined care management system to improve both outcomes and revenue. We also introduced cost controls around staffing, overtime, and maintenance while installing a comprehensive sales infrastructure—new CRM, sales expectations, incentive structures, and company-wide engagement in the referral process.

  • Result

    Within two years, NOI increased by $189,000 monthly, reaching an average of $183,000 per month with a 41% contribution margin. By February 2025, occupancy reached 100% and has remained at an average of 98%.