Evaluating assisted living, independent living and memory care to determine if a revised delivery of senior services to an existing community would be beneficial to the property owner.  Such Community Re-positioning includes: 

  • The addition of assisted living and/or memory care services to an existing community by reconfiguration of the current floor plan either by remodeling or through cosmetic means.    
  • Licensing the community to provide personal care services to future assisted living and memory care residents (this may include a community remodel).
  • Adding a small to medium size addition to a community combining independent, assisted or memory care services.  In all cases, the revised senior housing asset corresponds to unmet market demand in the community.
  • Completion of a revised pro forma and project estimate that outlines anticipated additional operating income and expense and capital improvement costs associated with the re-positioned senior living development.

We’ve managed construction on a number of Marathon projects. We now refer our own clients to Marathon for development guidance.

Steven G