11/08/2018

Senior Housing Developers

We have assembled a team of senior housing and assisted living development consultants working directly with owners, operators, and investors to develop projects.

The primary role of a senior housing and assisted living development consultant is to manage the entire senior housing development process – from initial concept to the start of operations for the finished project. By working together, the owner and development consultant become the “developer” of the senior housing project. While the owner is responsible for decision making, the development consultant takes on the responsibility for managing the entire development process, coordinating the work of the development team, serving as the central point for communication and decision making, and providing advice to the owner. In addition, the development consultant takes on a number of specific tasks either independently or in conjunction with other members of the development team. These tasks normally include, though can be customized to meet the client’s specific needs:

Visioning/Planning

  • Strategic Plan
  • Master Plan and Schedule
  • Market and Regulatory Review
  • Conceptual Design

Due Diligence

  • Underwriting – Budget Preparation
  • Due Diligence Reports
  • Selection/Coordination with Operator
  • Vendor/Team Selection
  • Entitlements

Design

  • Design Team Assembly
  • Schematic Design
  • Budget Review
  • Value Engineering
  • Planning & Zoning Approvals
  • Design Development
  • Construction Documentation
  • Permitting

Construction

  • Construction Oversight
  • Review and Approve Pay Apps/Construction
    Draws
  • Operational Planning
By listening to clients, our development consultants can assist with creating a community that serves the vision of the owner and the needs of the residents.

We know that operations are critical to any successful senior community. Our development team can coordinate with the operations team on sales and occupancy, including resident move-in coordination and customization and service commencement. We can also assist owners with introductions to best-in-class operators and the appropriate management agreement structure.

When you need assistance, please fill in this form and within 24 hours a representative will be in touch with you. Your information is held in strict confidence and is never sold to a third party. We look forward to serving you.



Highlighted Development Consulting Projects