Offerd expands into Senior Housing with the addition of industry veteran Scott McCorvie

Offerd announces their expansion into senior housing with the addition of Scott McCorvie -- a 20-year senior housing investment veteran to the team. Scott McCorvie previously worked for a national senior housing valuation and advisory firm, two national healthcare REITs, a national senior housing consulting firm, and launched two regional senior housing owner / operator investment firms. Over his career, Scott McCorvie has helped close over a billion dollars of senior housing transactions in markets throughout the United States.

“I’m extremely excited to join the investment team and merge Offerd’s unique technology, platform, and investment services into a rapidly growing and changing senior housing transaction marketplace,” said Scott McCorvie, Managing Director of Offerd’s National Senior Housing Group. “The senior housing investment and transaction marketplace has changed so much over the past few years, so it was imperative to bring a fresh new approach and platform to the industry. And, that’s exactly what Offerd does.”

Offerd integrates powerful technology, data intelligence and customized services into one innovative and integrated acquisition and transaction platform. Based in Austin, Texas, Offerd's AI-driven system helps investment professionals make more efficient and effective real estate investment decisions. Accordingly, their team of acquisition, underwriting, and capital-sourcing professionals provide a 360-degree approach to the investment process -- enhancing the success of each deal while matching the investment goals of each firm.

Initially, Offerd focused on multifamily transactions nationally before adding student and affordable housing to the mix. Offerd now has their eyes set on senior housing and is excited to add an industry veteran to the team. “We’re thrilled to combine Scott McCorvie’s deep senior housing experience, knowledge, and industry contacts into our unique technology-based platform and team,” said Travis Farese, CEO at Offerd. "The commercial real estate investment industry has long needed an evolution from the decentralized, niche brokerages, which were primarily focused on asset selling. Offerd brings a new approach and process that leverages our integrated, full-service, technology-driven platform -- supported by a team of acquisition, underwriting, capital sourcing, deal management, and disposition professionals. Overall, Offerd helps get deals done in the most efficient and effective manner possible.”

With the rapidly growing senior demographics and enhanced appeal of senior housing to various investment groups, the timing was perfect for Offerd to enter the senior housing marketplace now. “With the huge surge of senior demographics, paired with the enhanced total returns in the sector, we felt imperative to expand into senior housing now and bring our partners new transaction opportunities and options to match their individual investment goals,” said Greg Cooper, President at Offerd. “Scott McCorvie brings the right experience, knowledge, and industry relationships to get Offerd into the deal discussion now and match each deal with the most appropriate investment groups.”

Although Scott McCorvie will be the leader of national senior housing practice, Offerd plans to expand their senior housing team over the next six to twelve months. “With the large number of upcoming transactions, paired with our national geographic footprint, we’ll be adding three to four additional investment professionals to our team over the next several months,” McCorvie added. “Although the senior housing marketplace has been relatively stagnant over past few years, we feel the upcoming Fed rate cuts will bring a flurry of new activity to the market that will keep accelerating through the next several years. I’m excited to be in a position with Offerd to rapidly analyze and review each deal and quickly match it with the most appropriate investment firms.”