Why This Realestate Investor is Betting BIG on Assisted Living w/ Edwin Brotamonte

He sold 177 apartment units. Now, he's building two Assisted Living Mansions—and his reason for making the switch goes beyond real estate.After more than 22 years as a registered nurse, Edwin moved into real estate investing, acquired 177 multifamily units across two deals, and eventually sold those properties. But when his mother was diagnosed with Alzheimer's, his search for quality senior care introduced him to a different investment opportunity: Residential Assisted Living.In this episode of the Assisted Living Investing Podcast, I sit down with Edwin, a fellow Mansion Builder, to discuss why he is shifting from traditional multifamily real estate to ground-up Assisted Living development—and what it takes to turn that vision into reality.Edwin is now working toward building two Assisted Living Mansions in the Houston area. We discuss the challenges of finding the right land, evaluating the numbers, raising capital, navigating entitlements, and planning for operations. He also shares how his experience as a nurse and multifamily investor shaped his decision to enter senior housing.If you're exploring Real Estate Assisted Living (RAL), looking for your next real estate investment, or considering building an Assisted Living business, this conversation offers an inside look at the opportunity, the challenges, and the long-term vision.IN THIS EPISODE:00:00 – Meet Edwin: From nursing and multifamily to Assisted Living01:06 – How rental real estate helped him leave nursing02:15 – His first multifamily investments: 177 apartment units02:44 – Why he sold his apartment properties02:58 – How his mother's Alzheimer's diagnosis changed his perspective04:18 – Why he's looking beyond traditional multifamily investing05:31 – The opportunity in senior housing and Assisted Living06:38 – Why mentorship matters in commercial real estate07:00 – Why he chose new construction over remodeling08:01 – Why the Mansion model stood out09:49 – Seeing the impact of quality care firsthand10:41 – The challenge of finding the right land near Houston12:17 – Getting a property under contract and planning two Mansions14:40 – Raising capital while navigating development and permitting15:39 – How his healthcare experience will shape operations17:09 – Helping other Mansion Builders with fundraising20:02 – His plan to stabilize the first two Mansions22:21 – Who should consider this business—and who shouldn't23:31 – Why this niche offers a different path in senior housing24:18 – Starting with one Mansion versus building multiple25:02 – His long-term growth and exit strategy26:05 – Where to learn more about Edwin's projectEXPLORE ASSISTED LIVING INVESTINGInterested in building an Assisted Living Mansion in your market?My team and I can help you explore your local opportunity, understand potential construction costs and senior living bed rates, and determine whether this business model fits your goals.Book a call with my team:httpsbit.lyassistedlivinginvestingspotify Building an Assisted Living business takes planning, capital, and commitment. But for the right person, it can bring together real estate investing, business ownership, and a meaningful way to serve seniors.