Sotasu

Seniors housing investment and asset management advisory.

Independent advisory for Canadian investors, owners and operators across the seniors housing continuum.

Previously led C$6.5B+ of seniors housing acquisition and development transactions at Revera, 2015–2023.

15+ years across independent living, assisted living, memory care and long-term care, in Canada, the United States and the United Kingdom.

Principal

Sotasu is led by Eugene Bondarev, a real estate investment professional with over 15 years focused on seniors housing across Canada, the United States and the United Kingdom. His work spans acquisitions, financial due diligence, asset management and capital strategy across the full continuum of care, including continuing care retirement communities.

Experience

  • Revera Inc., 2015–2023. Led seniors housing acquisition and development transactions.
  • Manulife Financial, Investment Division Rotational Program: real estate, Canadian equity strategy and fixed income credit.
  • Cross-border transactions in the United States and United Kingdom.

Education and credentials

  • BBA (Honours), Finance and Accounting, Schulich School of Business, York University. National Excellence Award.
  • Completed the CFA Program (Levels I, II and III) and its work-experience requirement.

Services

Advisory across independent living, assisted living, memory care and long-term care assets, from first look through hold and exit.

Acquisition advisory

End-to-end support for capital allocators and operators evaluating seniors housing opportunities.

  • Market and submarket analysis
  • Underwriting and financial modelling
  • Operational and financial due diligence
  • Term sheet review
  • Investment committee materials

Asset management

Operational and financial oversight for owners holding seniors housing assets.

  • Portfolio reviews and valuation analysis
  • Repositioning and redevelopment planning
  • Operational efficiency diagnostics
  • Capital expenditure planning
  • Long-range strategic plans

Capital strategy

Advisory on debt and equity structuring, refinancing and exit.

  • Capital stack design
  • Lender and equity investor positioning
  • Joint venture structuring
  • Disposition strategy

Contact

For business inquiries. Replies within two business days.

Based in
Toronto, Canada