What types of senior housing does Haven transact in Rhode Island?+
Haven works across all Rhode Island senior housing asset types licensed as Assisted Living Residence (ALR) by Rhode Island Department of Health (RIDOH). We handle single assets, small portfolios, and multi-facility transactions across all major Rhode Island markets.
Does Haven list off-market Rhode Island properties?+
Yes. A significant portion of Haven's Rhode Island deal flow is off-market — sourced through our operator relationships and advisor network. Registered buyers get early access before public listing. Sign up for our free monthly listing alerts to hear about new opportunities as they become available.
What is the licensing process for senior housing in Rhode Island?+
Rhode Island licenses Assisted Living Residences through RIDOH. The COO process includes application, background checks, and a facility inspection. Haven manages all RIDOH requirements. Rhode Island Department of Health (RIDOH) change-of-ownership processing typically takes 60–90 days after a complete application.
What cap rates should I expect in Rhode Island?+
Rhode Island stabilized ALR assets typically trade at 6–8% cap rates. Newport and East Bay premium communities compress to 5.5–7%; Providence, Warwick, and value-add assets trade at 7–9%. Haven provides free preliminary valuations.
How long does a Rhode Island senior housing transaction take?+
Rhode Island Department of Health (RIDOH) change-of-ownership processing typically takes 60–90 days after a complete application. Most senior housing sales close in 90–150 days from engagement. The full change-of-ownership process, from application to new license, typically takes 90–180 days, so it starts early in the sale.
Can Haven help with financing for a Rhode Island acquisition?+
Yes. Haven's Capital Solutions team provides lender introductions for Rhode Island senior housing acquisitions — including bridge financing, conventional commercial loans, and HUD-insured loans for qualified larger facilities. We prepare lender-ready financial packages that account for Rhode Island's specific regulatory and market context.
