We can manage the entire development process, from concept to completion, or consult on just one aspect of the development. Our job is to make sure your vision is implemented while insuring you are doing the right things at the right times in order to stay on schedule and on budget while minimizing your risk.
We typically work with clients and boards following a risk-adverse 7-step “Go No-Go” series of project milestones.
We work with clients to assemble the Master Planning team (typically an architect, preconstruction consultant, marketing consultant, finance consultant, market consultant, etc.), manage the process of setting schedules and deliverables, work with the team to evaluate current community and market conditions, assist in the determination of design, operational and development options, run the numbers to confirm financial feasibility and then work with the client and team to create and present the final implementation plan.
We utilize a unique 4-step master planning process which entails first defining not only the project vision but the desired resident experience, before the typical steps of due diligence, programming, concept design, etc.
This entails creation of a financial model for specific operational or development scenarios and, essentially, the creation of a comprehensive business plan for a proposed new project including the creation of a development schedule, project concept and architectural program, approval strategy, marketing and operations budgets, plan of finance and confirmation of financial feasibility.
We assist in drafting the RFP to reflect the unique requirements of each project, review proposals from the market study consultant, and then review and comment on the final study which should include both a quantitative and qualitative assessment of the marketplace. Each project and market is different so it is important to make sure your market study is answering the right questions. We can also conduct in-house a preliminary summary market study to make an initial market determination before the full study is commissioned.
Past special projects have included site evaluations for senior living, summary market studies, evaluation of development or master plans created by others, deal structuring for site acquisitions, affiliation or merger RFP and negotiations, etc.
Password-secure website
Each project, be it a master planning, development feasibility analysis, development project management or special project, has its own password-secure website viewable by team members on their computer, tablet or smartphone.
Updates & notifications
Project websites are updated on a continual basis with email notification of updates sent to team members.
Status report & weekly announcements
Each website includes a current project status report and weekly announcements, project Gantt chart and calendar, list of open issues, viewable versions of current reports and other documents plus team member contact information.
These updates allow clients and development team members, as well as board members and other stakeholders, to continually track progress of the project.
Our fees are reasonable and affordable for both small and large projects.
These include comprehensive financial models, project management software to schedule and track project progress, a knowledge-base of generic forms and agreements covering every aspect of seniors development, demographic mapping ability, and a secure password-protected website, customized to your project, to communicate project information to the client and team.