2. What you may not know about Scioto…
•
We are a national provider of housing and real estate solutions for people with disabilities.
•
Scioto partners with over 55 organizations in 33 states across the United States; managing over
700 homes; and providing housing to over 2400 people with disabilities.
•
We pride ourselves in working collaboratively with providers, state
agencies, consumers, advocates and housing agencies to find the right housing and real estate
solutions for people with disabilities
•
Founded in 1999 by senior executives with long-term experience in the I/DD industry, and
staffed by employees with firsthand experience in the I/DD and real estate industries
3. How Scioto and Mentor currently partner together…
Scioto provides more than 200 homes for Mentor in 20 states including all 17 states in the Mentor real estate
portfolio.
4. Scioto and Mentor: A Valuable Partnership
•
For the past thirteen years, Scioto has partnered with The Mentor Network on over 200 homes
in 20 states; serving over 700 individuals with disabilities.
•
Providing value-added services, including operations, repairs, maintenance, and overall project
coordination so Mentor can focus on its core business.
•
Reducing real estate debt on Mentor’s balance sheet.
•
Assisting with replacement homes, which provides operational flexibility that is essential in this
industry.
•
Supporting Mentor with state downsizing, regulatory requirements and Olmstead compliance
efforts.
•
Providing special reporting and real estate analysis per requests.
5. How Scioto Adds Value for Mentor
•
Putting forth a variety of lease structures customized to meet Mentor and resident needs and
specifications.
•
Coordinating and paying for all due diligence associated with property acquisitions; no out of
pocket due diligence costs.
•
Saving additional provider capital as there are no up front fees or commissions paid to Scioto;
the only payments made to Scioto are monthly rent payments
•
Providing design/build choices tailored specifically to fit needs of Mentor and the residents they
support.
6. •
Examples of Our Partnership
Examples of Our Partnership
•
Valuations for acquisitions: Missouri, Minnesota, Indiana, California, Kentucky and South Carolina.
•
Scioto has referred several successful acquisitions to Mentor over our thirteen year partnership.
•
Construction project/oversight with no development fees.
•
Coordination of repairs for modified leases in the areas of Mentor’s choosing, i.e. Hurricane Sandy in
New Jersey, insurance claim coordination for flooding, Ohio driveway repairs, etc.
•
Work to contest taxes where needed, i.e. Indiana.
•
Coordination of HOA, neighborhood relations, and other fair housing solutions with Mentor’s local
operations and also corporate legal. Scioto currently pays HOA dues and bills them back, saving
Mentor administrative time and cost.
•
Scioto has provided $43,000,000 in capital to support Mentor’s growth goals.
•
Flexibility on portfolio substitution and rent abatement in
Florida, Maryland, Indiana, Oklahoma, NJ, etc.
•
Analysis on construction and real estate market (Indiana)
7. Scioto is the SMART Choice
Service
CAP Grow
$ Capacity
Property Location Services
Institutional
Investor
X
X
Scioto
X
X
Tax Escrow Capability
X
HOA Coordination
X
Neighbor Relations/PR Coordination
X
Insurance Claims Management
X
Portfolio Substitution Flexibility
X
Direct Industry Knowledge & Experience
X
Team Readiness/Capabilities
X
Coordinate Large Acquisition Due Diligence
Proven History of Excellent Customer Service
X
X
X
8. The SMART Choice
S
M
A
R
T
Services that will further enhance our thirteen year partnership
Money at the appropriate finance levels
Alignment - our growth goals are similar to Mentor’s long-term goals
Relationships and partnership we have cultivated over the years
Team - a dedicated team of qualified resources serving the Mentor account
Why we know we have the SMART choice…
9. Providing ID/DD Housing and Real Estate Solutions
For questions and further information:
Contact:
Tim Vogel, CEO
614-889-5191 (Office)
Tvogel@scioto.com
5940 Wilcox Place
Suite A
Dublin, OH 43016
www.scioto.com
