Mainstreet is an investment company focused primarily on the acquisition and development of real estate properties and brands. As one of the nation’s largest real estate developers committed to improving long term care, Mainstreet is fundamentally changing the way seniors are perceived and cared for in this country – with monumental results. Since our founding in 2002, we have experienced incredible growth due to our comprehensive approach of acquiring, developing and occasionally operating properties that bring a sense of dignity and pride to a senior population.
Social filter
We believe operating with a social filter in place provides an important dimension to our decision making process. As a unique component of Mainstreet’s business model, the social filter prompts us to validate our choices and remain true to our goal of purchasing and investing in properties that serve to enhance lives and improve communities. Such a standard helps us determine what is worthy from the rest. Beyond this, it enables us to plan with confidence, acting not only as investors and developers, but also as true partners in the industry who are prepared to advance the common good. For Mainstreet, it’s our way of investing more than capital.
Business Strategy
Mainstreet’s business strategy is comprised of two primary objectives: to acquire properties that demonstrate strong cash flow potential, and to develop healthcare properties that fill the needs of an underserved geographic market or industry niche. As we continue to grow, we will diversify our real estate portfolio by operator, facility type and reimbursement source. We will invest in, acquire and develop additional senior care facilities and/or healthcare assets across a wider spectrum, and broaden our investments to include college housing, apartment buildings and build-to-suit properties and complexes. We are also diversifying to build a portfolio of brands that provide investors with strong earnings.
Services Matrix
Mainstreet simplifies. Operators who partner with Mainstreet benefit from the strength of our relationships in a variety of areas. The expertise we provide is designed to allow our partners to outpace their competitors by focusing on their core competency while we apply the force of our resources toward our partners’ objectives.
Normal development process is chaotic
Mainstreet streamlines the process
Acquisitions
In most instances, once ownership of a property has been acquired, Mainstreet’s investment strategy is to Triple-Net lease the facility to an operating company, which gives the company control over the property they occupy without the capital commitment of ownership. The operating company is then responsible for insurance, property taxes, utilities, maintenance and capital improvement expenses. A benefit to both entities, this arrangement helps operating companies free up their corporate funds for business expansion and improvement, and relieves Mainstreet from day-to-day facility management concerns.