It’s an issue facing health care centers across the nation. Nursing shortages are forcing staff at area hospitals to work overtime, while relying on a large number of travel nurses.
“We’ve renovated every single apartment," said Brock Cvijanovich, owner of KOManage, KORgroup.
You won’t find many college freshman who decide to enter world of real estate. But for Cvijanovich, that’s exactly where his path lead him back in 2015.
What You Need To Know
- A lack of housing has forced many travel nurses to look elsewhere when selecting where to work, putting stress on health care centers seeking to meet the nursing shortage
- A Binghamton property, once in severe disrepair, is now completely booked, mostly with nurses and other area professionals
- Travel nurses are often given the choice on which hospital and city they’d like to work in, forcing areas like Binghamton to work harder to attract the help they need
It was then he discovered an untapped market in the city of Binghamton, where student housing was seemingly popping up on every block.
"I think that there is a market that's underserved here for working people that have been kind of booted out in the one- and two-bedroom space, because landlords have focused on adding bedrooms to units. So you have people who work and make a good income that can afford rent like this and want stuff that's nice. And they're just not being served," said Cvijanovich.
The market includes health care professionals, especially traveling nurses who fill up area hospitals, but often can’t find even a temporary place to call home. It’s forced many of them to look elsewhere, putting stress on health care centers seeking to meet the nursing shortage.
That’s where an idea sparked for Cvijanovich: purchase properties with the goal of meeting this growing need.
"My mom's a nurse. My girlfriend's a nurse. A good amount of people in my family always grew up around it. They work so hard. And actually when we did this, the furniture in the way that we designed it and you'll see it, if you walk around the apartment, was it was kind of built around comfort and convenience because they're on their feet all day and you want to build something where you can come and be home and and kind of enjoy themselves," said Cvijanovich.
A Binghamton property, once in severe disrepair, is now completely booked, mostly with nurses and other area professionals. Many have actually stayed past their original lease and are now looking to call the Binghamton area home.
For Cvijanovich, that’s exactly why he does it.
"I love it. I think I was built to do it. I honestly think it's my purpose. I love building. I love taking things and helping them realize their potential," said Cvijanovich.
Travel nurses are often given the choice on which hospital and city they’d like to work in, forcing areas like Binghamton to work harder to attract the help they need.