Current responsibilities
Deborah Street joined JLL Value and Risk Advisory in 2019 to lead a national advisory and investment transaction services practice servicing multiple property types, with a focus on seniors housing. Services include on-demand financial and market underwriting, strategic planning, transaction structure/return analysis, transaction management, due diligence for potential investment and development opportunities, benchmarking, ongoing asset management services, and special projects.
Experience
Prior to joining JLL, Ms. Street spent 15 years in seniors housing investment sales, most recently as part of CBRE's National Seniors Housing Capital Markets team. She completed nearly $7 billion in transactions nationwide. Before working in the seniors housing industry, she spent five years as a Vice President of Asset Management and Operations with a public REIT focused on traditional CRE.
Education and Affiliations
Ms. Street graduated from San Diego State University with a Bachelor’s Degree in Business, with an emphasis on finance. She is an active member of the National Investment Center for Seniors Housing (NIC) and the American Seniors Housing Association (AHSA) and is a licensed California real estate salesperson.
Recent Projects:
Created a portfolio recapitalization plan that included opportunities for significant NOI growth through asset repositioning, expansion, and development. The Client is currently negotiating with several well-capitalized potential equity partners introduced to them by the JLL Strategic Advisory Team. The estimated portfolio value is $360 Million.
Engaged by the majority partner in a seniors housing community that included independent living co-op, assisted living, and memory care units to evaluate various exit strategies, including converting the co-op units to Type C (fee-for-service) CCRC contracts. We completed a comprehensive competitive survey of seven CCRC communities in the area. We utilized the data obtained during the survey to create the proposed CCRC pricing model, services, and amenities incorporated into the underwriting model.
Conducted financial underwriting and market due diligence for twenty-nine 55+ active adult assets valued at over $600M located throughout the country for a conventional multifamily investor expanding into the sector. Additionally, we provide asset management services to ensure the smooth execution of several value-add business plans.
