Elan Ruggill

Co-founder and Partner @Silver Wave Capital

Silver Wave Capital is a senior housing investment platform partnering with both retail and institutional capital to invest in primarily Assisted Living senior housing assets throughout the U.S. We recognize that current market conditions present a generational senior housing investment opportunity, and our mission is to enable people to capitalize on it. These conditions include- Aging baby boomers begin turning 80 in 2025- Senior housing development is at an all-time low thanks to COVID and rate hikes- At the current pace of development, there is projected to be an approximately unit shortfall by 2030 which will lead to substantial occupancy growth in existing inventoryWe recognize that senior housing is a vital service and that a lack of affordable options for middle income Americans is an increasingly troubling trend. We partner with mission-driven operators who recognize the importance of the service they provide, and we always balance the interests of our capital partners with the interests of those we serve. We launched in January 2024 and anticipate beginning to close deals during Q2 2024.