Services

Construction-jared

We provide development management services to primarily non-profit CCRCs and other senior living facilities located in central and eastern United States – we have extensive market and senior living product knowledge.

Facility master planning & strategic planning for existing campuses and expansions

Facility master planning & strategic planning for existing campuses and expansions

  • Client centered and client involvement
  • Internal assessment of services, configuration, operations, and finance
  • External analysis from third-party market studies and regulatory environment
  • Definition of goals & objectives
  • Identification of strategic direction and options
  • High-level project cost estimating & financial analysis
  • Identification of initiatives & resources necessary for implementation

Project planning: repositioning, new development, & acquisitions

Project planning: repositioning, new development, & acquisitions

  • Master planning of strategic directions*
  • Project definition (services & scope)*
  • Operating objectives
  • Operating plan & program definitions
  • Conceptual design of project*
  • Permit & approval identification
  • Project budgeting & scheduling*
  • Financial analysis & plan of financing
  • Acquisition evaluation & assistance
    *in conjunction with client’s architect & contractor

Design Oversight

Design Oversight

  • Preparing & managing the project schedule
  • Supervising the design team & process
  • Directing the decision-making process
  • Identifying owner responsibilities
  • Facilitating value engineering process

Permits & Approvals

Permits & Approvals

  • Experienced guidance through land use approvals and building permits
  • Experience with regulatory filings and obtaining approvals

Financial Planning & Development

Financial Planning & Development

  • Operations program development
  • Extensive interactive financial modeling
  • Resident services pricing analysis & structuring
  • Alternate resident contract types and terms

Financing Advisory

Financing Advisory

  • Management/oversight of the financing process
  • Possesses extensive capital market (bond market and bank lending) experience
  • Provide alternate financing concepts to enhance investment bankers’ recommendations
  • Provide independent assessment & evaluation of financing structures

Marketing Strategy & Oversight

Marketing Strategy & Oversight

  • Provide interactions with marketing professionals in product development and strategy
  • Coordinate development of collateral materials with marketing staff and architects
  • Develop pricing concepts and quantitative analysis
  • Draft residency agreements
  • Prepare the related regulatory filings
  • Monitor sales performance and results
  • Oversee marketing plan and budget

Project Administration

Project Administration

  • Act as facilitators and communicators between management and professional team and between management and board
  • Assist with preparation of development team member contracts
  • Management of detail project costs, the approval process with the client and monitoring compliance with contractual amounts and related terms throughout the development process

Construction Oversight

Construction Oversight

  • Negotiate the construction contract terms and pricing (GMP)
  • Oversee contractor’s purchasing of subcontracts and review subcontract change orders
  • Facilitate communication between contractor, designers, and client
  • Manage contingencies & manage/negotiate change orders
  • Thorough reporting to client & financing sources

Construction Closeout

Construction Closeout

  • Coordinate client’s team during the close-out phase
  • Completion of construction deficiencies
  • Resolve open issues and settle the financial close-out with contractor
  • Oversee training of systems and equipment prior to opening
  • Processing required guarantee and warranty documents
  • Final report on cost, schedule, and remaining/ongoing matters