Constantly Diversifying
Many small, independent clocks. Timing risk gets smashed.
The issue: a single home inheritance has one big unknown: timing.
Our fix: pool many independent, event-timed interests so singular timing cancels out.
How we diversify (continuously)
Evergreen flow — every new senior adds a new, independent return stream; diversification increases daily.
Geographic roll-out — start in South Florida, expand into additional stable U.S. markets to avoid single-market risk.
Demographic breadth — broader senior profiles across regions smooth cohort effects.
Vintage staggering — constant acquisition cadence balances near-, mid-, and long-dated exposures.
Small tickets, many assets — portfolio construction favors count and dispersion over concentration.
Portfolio math (timing risk compression)
timing risk: single deal
timing risk: ~50 deals
timing risk: ~500 deals
Why it works
Event-driven and independent — each asset's clock is governed by life-event timing, not market cycles.
Low overlap between drivers — actuarial timing ≠ local HPA ≠ upgrade value.
No landlord, no leverage — removes common beta channels (tenants, rates, operating cycles).
The outcome
An always-growing pool of independent return streams turns uncertainty on any one asset into predictable, portfolio-level performance.