Marathon's turn-key real estate development and consultation services allow us to provide our clients with peace of mind during the development process. With our vast development experience in due diligence, project design, permitting, and financing through building and closeout, Owners can count on sound expert consultation and council. Marathon assembles thorough procurement methods or as needed, a team of professionals that are unique to each project to ensure an exceptional outcome.
Marathon can provide its clients with a capital improvement plan. A senior housing capital improvement program will make the senior housing development more competitive, help or improve occupancy, increase rents, and in some cases reduce operating costs if new and energy efficient components are added.
In short, Marathon provides assisted living, independent living and memory care consulting and development services that manage the development of the project from the initial vision to occupancy of the completed project and hand-off to the selected management firm. Marathon earns a development fee that is a lender allowed project cost. The development fee is financed and disbursed from the loan in the same manner as the architect or general contractor. Lenders prefer to have a skilled senior housing developer involved in the process as it ensures a seamless development experience, including professional management of project schedule, budget and overall project coordination. Marathon's development fee will not increase the project costs but paid with project savings derived from professional project management, design/value engineering, project schedule and financing options.