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Podcast: The Best Ever CRE Show
Episode: Assisted Living Mistakes, Million-Dollar Lessons and Operational Excellence ft. Todd Dexheimer
Description: Matt Faircloth interviews Todd Dexheimer, a multifamily and assisted living operator focused on steady, fundamentals-driven investing. Todd breaks down how he thinks about market selection—favoring job and population growth, sane rent-to-income ratios, and controlled new supply over “sexy” boom-bust metros. He then walks through a massive 99-unit value-add on the Mississippi River in the Twin Cities, where he transformed a mismanaged, dated asset into a lifestyle property with standout amenities and stronger rents. Todd also shares the hard lessons from scaling into assisted living—losing seven figures before dialing in operations—and why controlling payroll, culture, and leadership are everyt...