Evaluating and executing a revised delivery of senior housing services to an existing community. Such Community Repositioning 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 repositioning of the senior housing asset corresponds to market demand that is unmet with the existing community