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Obtaining Community-Based Residential Homes Without Breaking The Bank: A Free Executive Web Briefing Detailing The Benefits Associated With Leasing, Versus Owning

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GETTYSBURG, Pa., May 1, 2013 (GLOBE NEWSWIRE) -- OPEN MINDS and CapGrow Partners LLC have announced a new executive web briefing specifically designed to help community-based behavioral health and human service provider organizations with residential housing needs learn about the benefits associated with leasing, rather than owning real estate. This special online event, "Obtaining Community-Based Residential Homes Without Breaking The Bank: How Leasing Saves Both Time & Money!" — underwritten by CapGrow Partners — is free to all behavioral health and human service industry executives.

"Service providers face so many challenges in today's evolving health care market, that sometimes the idea of either expanding their current housing programs or establishing new community-based homes can seem daunting. As some service providers experience a lack of affordable housing, limited funding, time constraints or the lack the expertise toward purchasing residential housing for clients, leasing programs are a very beneficial and viable alternative," said Monica E. Oss, OPEN MINDS Chief Executive Officer. "Leasing programs allow providers, both for-profit and not-for-profit organizations, to refocus their energies on operational efforts and service-based needs, rather than on long-term real estate commitments."

"Obtaining Community-Based Residential Homes Without Breaking The Bank: How Leasing Saves Both Time & Money!" will take place on Thursday, June 6, 2013 at 2:00 PM EDT, and features Matt Pettinelli, President and CEO of CapGrow Partners LLC. During this special 90-minute program on the advantages of not owning real estate, Mr. Pettinelli will share:

  1. An overview of current housing issues among community-based service providers
  2. The advantages of leasing programs versus outright home ownership
  3. Real-world, case study cost-comparisons to demonstrate the value of leasing programs versus home ownership



All registrants for the web briefing will receive (at no charge and regardless of attendance) a recording of the webinar, an electronic copy of the PowerPoint presentation slides, and recommended readings on residential housing options from OPEN MINDS.

To learn more or take advantage of free online registration, please visit: http://www.openminds.com/events/webinar-060613-residentialhousing.htm

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OPEN MINDS is a national health and human service industry market intelligence firm. Founded in 1987 and based in Gettysburg, Pennsylvania, the 75+ associates provide innovative management solutions designed to improve operational and strategic performance. Learn more at www.openminds.com.

CapGrow Partners LLC offers service providers nationwide the opportunity to lease, rather than purchase, a community-based home. Established in 2005, CapGrow quickly became the residential leasing contract provider of choice for healthcare companies who service the living needs of adults with a disability nationwide. Through CapGrow's various leasing programs, providers have the opportunity to avoid the hassle of obtaining bank financing for a new home acquisition, as well as committing equity required to secure a loan. The highly experienced and knowledgeable CapGrow team puts their clients' interests first to ensure that each leasing strategy focuses on supporting the needs of the individuals who will ultimately live in the home. Learn more at: www.capgrowpartners.com.

CONTACT: Tim Snyder Vice President, Marketing, OPEN MINDS openminds@openminds.com

Source: Open Minds