Who we are

Valley ALF Ventures was founded by Jarrett Duncan and Serg Lupescu as a way to create new opportunities for both operators and investors in the residential assisted living space. For operators, we saw firsthand the need to provide quality homes to amazing operators who might not have the initial resources to expand their business into new locations. For investors, we wanted to provide a passive way to get involved in a growing industry while providing superior returns not tied to the whims of the stock market.


Both Serg and Jarrett share different backgrounds that ultimately tie in to make this operation as comprehensive as possible. For the previous few years, Serg has been operating his own assisted living business and mentoring other operators to successfully open their own business. Jarrett has been successfully building his own commercial assisted living portfolio.


Our core values at Valley ALF Ventures are twofold: to always provide quality homes that our operators can be proud of and that residents will feel at home in; and to provide complete transparency to our investors while making their investment experience as easy as possible.


We strive to make a positive impact in the assisted living industry as we continue to grow new relationships and foster ongoing ones.

Jarrett Duncan

Managing Partner & Chief Financial Officer

Untitled design

Jarrett is the Managing Partner and Chief Financial Officer of Valley ALF Ventures. He is also the founder and the Managing Partner of JMD Real Estate Investments, LLC which currently owns and operates close to $23M worth of residential and commercial real estate in AZ and FL alongside their investors.

They have overseen the acquisition, renovation and stabilization of 7 residential units and 20 commercial properties, including 10 assisted living facilities, 9 behavioral health facilities and 1 rehabilitation center.

They have been investing and running their business operations since January 2018.

Jarrett is a graduate of Northern Illinois University with a B.S. in Business Management along with an MBA in Finance from the University of Missouri-Kansas City.

Serg Lupescu

Managing Partner & Chief Operating Officer

Serg is the Managing Partner and Chief Operating Officer of Valley ALF Ventures. He is also the previous owner and manager of Legion Manor LLC, where he owned and operated his residential assisted living facility.


Between 2014 and 2017, Serg pursued a career in the healthcare industry as a licensed nurse aide. Subsequently, in 2017, he obtained his nursing degree from Southwest Baptist University before establishing his own residential assisted living facility in 2018.


As the former marketing co-chair, Serg served on the Arizona Assisted Living Homes Association (AALHA) board of directors, advocating for operators. Additionally, he runs Legion Assisted Living Academy, a program designed to support individuals with the same ambitions of opening their own residential assisted living facility.

Michelle Duncan

Director of Acquisitions & Accounting

Untitled design

Michelle is the Director of Acquisitions and Accounting for Valley ALF Ventures.  She is also a Managing Partner of JMD Real Estate Investments alongside her husband Jarrett.  Michelle brings a vast and diversified level of experience from her past careers in the real estate, legal, broadcasting and hedge fund industries.


Michelle is a graduate of the University of Kansas (Rock Chalk!) with a B.S. in Business Management.

Shandi Hudson

Real Estate Agent/Advisor

Shandi Hudson has over 20 years of real estate experience as a realtor in Arizona, California, and Mexico, helping families find their dream homes and helping navigate through the selling and buying process. She also has an extensive background as a notary and a former escrow officer, which allows her to truly understand all the different phases of buying and selling a property and ensure her client is protected.
Shandi is a great team member due to her real estate knowledge and compassion for dealing with sellers and buyers in our transactions. She is reliable and hard-working and makes each transaction seamless.

Contact Us

Contact Valley ALF Ventures, a leading healthcare syndication firm. Their experienced team is on-hand to guide you confidently through the investment process. Take the first step towards your first ALF investment today.

Contact Us

Jarrett Duncan

Managing Partner


Serg Lupescu

Managing Partner


Copyright © 2023 Valley ALF Ventures