Contact Broker
5251 Westheimer Road, Suite 410
Houston, Texas 77056
(View Map)
Affiliated Broker
Charles Patawaran, CCIM
About the Company
Gatsby Advisors Brokerage, led by Charles Patawaran, CCIM — President & Janitor, helps high-net-worth investors and entrepreneurs acquire, scale, and exit cash-flowing businesses and commercial real estate. As one of the youngest CCIM brokers in the U.S., Charles brings a unique mix of investment banking mindset and deal-maker grit to every transaction. Our fully refundable retainer model ensures mutual commitment and results. We don’t compete for clients — we partner with serious investors ready to build wealth, buy freedom, and close with confidence.
Broker Biography
Introduction
Steve Schemmel, a multi-faceted deal maker with hands on experience across several commercial sectors. His background of investment sales cover M&A, Assisted Living Facilities, Multi-family and Industrial assets. Known for aggressive deal sourcing by using an investor first approach.
Services Provided
Sell-Side Advisory | Assisted Living Facilities
As a commercial real estate and middle market broker I specializing exclusively in the sale of income producing assisted living facilities. Our sell-side process is geared to maximize enterprise value, not just price. We isolate real estate vs. operations value and the outcome is a controlled, competitive process with qualified buyers in our rolodex, defensible valuation, and certainty win-win experience.
Buy-Side Advisory | Assisted Living Facilities
On the buy side, we represent operators and investors that's looking to acquire assisted living facilities. We source deals that will pencil. Every acquisition is evaluated as both a real estate investment and an operating business ensuring clients acquire assets that performs.
Investment Sales | Commercial Real Estate
For investors that are in the market for commercial assets such as Retail, Hotels, Industrial and Development Our firm is the true one stop shop with each division leader specializing in a specific asset class.
Areas Served
Licensed In
- Texas — License number 772573
Business For Sale Listings
Harris Co., TX 16 Bed Assisted Living Facility For Sale 16-Bed Assisted Living Facility | SBA Eligible | 100% Financing available Includes Real Estate
Offered below stabilized value, this 16-bed (private) Type B Assisted Living Facility in Northwest Houston presents a rare opportunity to acquire a high-quality senior living asset with substantial upside. Fully ADA-compliant and equipped with a complete fire-suppression sprinkler system, the property is designed for safety, comfort, and smooth operational flow—ideal for owner-operators or investors seeking a turnkey community with growth potential.This facility is purpose-built for comfort and engagement, featuring secure access, inviting common areas, and ADA-friendly layouts that support both assisted living and memory care needs. Less
Montgomery Co., TX
View Details 11-Bed Assisted Living For Sale in Montgomery County
The property is an established 11-bed licensed Assisted Living Facility located in Montgomery County, Texas, serving seniors throughout the surrounding North Houston submarkets. Founded in 2014, the facility has built a strong local reputation for compassionate, personalized care delivered in a safe, homelike setting.The property is designed to provide a peaceful and supportive environment that promotes dignity, independence, and quality of life. With over a decade of operating history, the facility offers an opportunity for investors or owner-operators to acquire a stabilized, community-integrated senior housing asset in one of the fastest-growing counties in Texas.The home provides both private and semi-private accommodations and is structured to deliver hands-on assistance with activities of daily living (ADLs), medication management, and 24-hour supervision. Its established operational framework, experienced staff, and Less
Montgomery Co., TX
View Details 11-Bed Assisted Living For Sale in Montgomery County - 73% Occupied
Licensed 11-bed Type B assisted living facility located in Montgomery County, offering immediate in-place income and strong value-add potential. The property is currently generating approximately $368,400 in annual revenue and sits on ±1.97 acres, providing future expansion opportunities. Designed as a residential care home, the facility offers a comfortable, home-like environment in a quiet setting while remaining accessible to The Woodlands and Northwest Houston. This turnkey operation is ideal for an owner-operator or investor seeking a stabilized asset with upside through occupancy growth and operational optimization in one of the fastest-growing areas of Montgomery County. Less
Steve Schemmel, a multi-faceted deal maker with hands on experience across several commercial sectors. His background of investment sales cover M&A, Assisted Living Facilities, Multi-family and Industrial assets. Known for aggressive deal sourcing by using an investor first approach.
Michael Shanks, CPM® is the Managing Director of the Retail Advisory division at Gatsby Advisory Group. With 10+ years of experience, he brings extensive expertise across finance, sales, and real estate operations. As a former Asset-Based Lending Agent, he managed complex multimillion-dollar financing deals, and as Vice President of Property & Asset Management for a real estate investment trust, he oversaw large-scale portfolios and strategic asset planning. Michael has worked with prominent firms such as Marcus & Millichap and Maz Real Estate, and holds the Certified Property Manager (CPM®) designation from the Institute of Real Estate Management, reflecting his commitment to operational excellence and industry leadership.
