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Two More Opportunities Around Aging Baby Boomers

The need for wealth-transfer services by disinterested third parties and the development of highly amenitized assisted-living communities near the adult children of residents is growing, Douglas Wilson's John Morrell tells GlobeSt.com.

By Carrie Rossenfeld | Updated on December 19, 2017

John Morrell Morrell: “We’re focusing development on senior housing and senior living for the same reason our legacy asset services business exists: it’s driven by demographic cycles.”

SAN DIEGO—The need for wealth-transfer services by disinterested third parties and the development of highly amenitized assisted-living communities near the adult children of residents is growing, Douglas Wilson Cos.‘ president John Morrell tells GlobeSt.com.

The firm plans to work with legacy asset stakeholders and their professionals to assist in developing an action plan that best maximizes the value, use and return of these portfolio assets when they are transferred to beneficiaries. The plan’s goal will be to set forth the most feasible, value-maximizing course of action, or its alternatives, after the portfolio is assessed and legacy stakeholders have input.  In appropriate circumstances, DWC will assist the stakeholders in implementing the selected plan. Also, in appropriate circumstances, DWC will utilize its expertise to continue to assist stakeholders in ongoing portfolio management or disposition.

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