Newly established senior dwelling administration firm Unbridled Dwelling not too long ago acquired its first neighborhood, and looking out forward, the corporate is ready to develop, in keeping with CEO Kyle Bourne.
Primarily based in Louisville, Kentucky, Bourne based Unbridled Dwelling in 2024 to amass and handle senior dwelling properties, with a concentrate on middle-market impartial dwelling communities, Bourne advised SHN.
With acquisition alternatives accessible nationwide, Bourne mentioned he goals to amass 5 properties by the tip of this yr with a concentrate on distressed communities.
These acquisitions might embrace 80- to 200-unit impartial dwelling properties. Earlier in 2025, Unbridled Dwelling acquired a 178-unit impartial dwelling neighborhood in Columbia, Missouri, with two personal high-net value traders, Bourne mentioned.
The corporate can also be within the midst of closing an acquisition within the Midwest, and Bourne famous the corporate would stay “versatile” and open to varied possession and administration constructions when searching for to develop. Future markets for Unbridled Dwelling’s development might come within the Midwest, Southeast and mid-Atlantic, he added.
“We’re at this stage of development the place we’re fairly versatile on such a construction and going ahead and executing that,” Bourne mentioned. “We’re taking this deal by deal.”
Bourne brings a wealth of monetary companies expertise to his management function with Unbridled Dwelling, having labored with CNL Monetary, an organization he co-founded together with his father, and most not too long ago at Wade Learn Capital. He additionally has a wealth of acquisition expertise, having helped construct CNL’s portfolio to 26 communities throughout 14 states.
“I left the business in 2021, took a couple of years out of the business however I knew I wished to get again in finally and so I began Unbridled Dwelling 18 months in the past,” Bourne mentioned.
He mentioned lots of the acquisition alternatives coming throughout his desk had been distressed properties that confronted hardship through the 2020 Covid-19 pandemic.
“Our goal is to essentially go discover these communities the place house owners have been having to cowl working losses and our aim is to purchase these communities at a big low cost to substitute value,” Bourne mentioned.
Within the meantime forward of future development, Bourne is working to construct out a management staff, bringing on a chief working officer, with different management hires set for the subsequent 60 to 90 days, Bourne mentioned, together with a enterprise operations function to streamline and manage back-end companies.
Bourne sees a world by which some senior dwelling properties have handled operational challenges after scaling too shortly. To stop these rising pains, Bourne needs to amass communities which can be regionally centered throughout standard areas of the U.S. for senior dwelling.
“There’s quite a lot of alternative and for us the secret is having the ability to execute on that,” Bourne mentioned.
