Dana Brown

[Dana Brown @The_brown_D]

We need more senior citizen advocacy in this country.

[Dana Brown @The_brown_D]

@realEstateTrent Do you have a good piece of reading material suggestion on the bond market & correlation to real estate market?

[History Calendar @HistoryCalendar]

The Lincoln Memorial before the reflecting pool was constructed. 1917.

[Joe Pohlen @joepohlen]

My first day in senior living, when my life changed.

On my first day in assisted living back in 2013, I was 26 years old. In 2010, I had launched a small RE business focused on purchasing, renovating, and managing student housing, multi-family, and self-storage buildings.

Although we experienced some success, I found the work unfulfilling and sought a change. At the time, I believed I needed to increase my earnings.
Intrigued by the demographics and profit margins, I decided that assisted living was the path forward for me.

Having no clue where to begin, I reached out to everyone I knew, explaining my interest in senior housing and seeking guidance from anyone willing to assist.

A former colleague referred me to an experienced nurse who managed a 12-bed residential community in rural Michigan. After listening to my spiel about cap rates, HUD loans, and equity raises, she instructed me to report for duty at 7 am on Saturday if I truly wanted to learn the business.

After a late Friday night out with friends, Saturday morning arrived sooner than expected. Despite nursing a slight hangover, I donned a smart cashmere sweater and my best boots before heading to her community.

Expecting to delve into profit and loss statements, balance sheets, and business strategies, I was surprised to discover that my day would be spent assisting with showers.

Operating her community as a non-profit, she had a reputation for accommodating residents with higher care needs than most assisted living facilities could handle.

Both she and her staff found it amusing to watch a 'numbers' guy struggle through tasks such as showering and toileting. It was evident from her demeanor and the tasks assigned that she was trying to test my mettle and took pleasure in doing so.

Wearing the cashmere sweater turned out to be a poor choice.
Throughout the morning, I was pushed, teased, and even narrowly avoided a bite. Many of the residents were non-verbal and grew impatient with my slow pace.

It took five hours to complete the morning routines. By lunchtime, I was ready to call it quits. Why would anyone choose this line of work?

The most challenging resident of the morning was an elderly woman with Down syndrome. As she finished her lunch, she looked at me and simply said, 'I love you,' with a smile.

Right then, it clicked why someone would choose this profession. It was the first time I felt that what I was doing truly mattered. Perhaps it was the first time I felt I mattered to someone other than myself.

It took another year before I could secure a deal to acquire my own community. As of writing this post, we operate 16 communities, caring for over 1,000 residents.

Every day, I am grateful for the work we do, knowing unequivocally that it matters and makes a difference.

[Dana Brown @The_brown_D]

@bubbleboi If bezos came back it instantly put my life savings on amazon.

[Dana Brown @The_brown_D]

@memeticsisyphus I mean, data out of china should not be trusted & a large percentage of new apartments are also felled. It would seem strategic that they would exaggerate population statistics by this much, but maybe not

[Latinx Adjacent Doctor PhD @TonerousHyus]

No one will ever be able to figure out this mystery of why insurance companies loved the idea of the ACA

[Dana Brown @The_brown_D]

@HumbleFlow This is soft power & US is doing it wrong

[Dana Brown @The_brown_D]

@BudLightSadness Maine is 95% trees

[Dana Brown @The_brown_D]

@seandsweeney @gertieok I’m guessing a more spacious SFH style for the owner & a standard one or two bed room apt style for the renter? I kind of like the thought of this.

[Dana Brown @The_brown_D]

@stableshaman This is actually an interesting concept

[Dana Brown @The_brown_D]

@unusual_whales Once necessary, unions have seemed to have gone insane. We will make nothing in this country soon. We can only trade services with each other for so long, we need to create again before it is too late.

[Dana Brown @The_brown_D]

@JackPosobiec Why does it seem like they are zip tied?

[Dana Brown @The_brown_D]

@CollinRugg Are we taking too great of measures to strengthen the dollar? I imagine it is becoming very costly for other countries to trade with USD now as they are facing the same inflation issues with less successful counter measures… or is it something else?

[Dana Brown @The_brown_D]

@BrianSheehy_ @PrivatEquityGuy This is something I didn’t understand at first about ESOPS… it’s not as much of a gift to employees as it is a sale to employees

[Dana Brown @The_brown_D]

@kitwilsonwriter @dwell If I had one wish…

[Kit Wilson @kitwilsonwriter]

Peter Cohen’s house in Maine is lovely (via @dwell)

[Dana Brown @The_brown_D]

@RookieXBT If bitcoin goes down 10% I lose a whole $2.1k but if XRP goes down 10%, I only lose $.03… few know this

[Dana Brown @The_brown_D]

@cardinalsbaseb @DevinWanzor @sweatystartup They do, they just tailor make the regulation to benefit them… think insurance companies, ect…

[Dana Brown @The_brown_D]

@DevinWanzor @sweatystartup If he figures out the right formula, then he could join in buying the ones who don’t make it… but if the regulatory environment changes than it will produce a better return…Eventually the large corps will lobby for deregulation as they have previously used to growth.

[Dana Brown @The_brown_D]

@DevinWanzor @sweatystartup Difficulty creates opportunities… legacy small local banks may have difficulty taking the necessary steps to lean out practices. Also, I think we will soon see regulatory pressure back off as we find it necessary to get rid of the “fluff” in our system so that the us can compete