It's no longer enough to check penetrations rates and housing values before building or acquiring a senior living facility. In this webinar on September 13, learn how today's market is demanding a new approach to market feasibility and due diligence reports.
The rising cost of construction and tighter competition make it imperative for skilled nursing developers to look more closely at their next investment. Here are five things SNF operators should consider before renovating or building a facility.
Senior Living Development Consulting
Every senior living organization faces unique challenges related to their capital planning. That's why Plante Moran Living Forward is called on to answer tough feasibility and development questions: Does this investment make economic sense for us? Is this a viable senior housing market? How do we find the right senior living architect and keep construction on track?
Concept through completion, we provide unrivaled advocacy and support to senior living operators, owners, and developers. Our multidisciplinary team has extensive experience working on billions of dollars' worth of senior living development projects, giving us the expertise to help you handle the challenges you face when planning and implementing your project.
The result: more cost-effective and successful projects with less risk, time and time again. To kick off an amazing project or keep one moving forward, let’s start a conversation today.
Senior living market trends
In an ever-changing industry, senior living providers, investors, developers, and others should question one the planning tool that hasn't evolved with time: the market study. To make smart development decisions, you need a new perspective into market feasibility research.
Solutions for middle-income senior living
Despite the challenges, the middle-income senior housing market is a huge opportunity for senior living developers and providers. In a recorded panel discussion at the InterFace Seniors Housing Midwest Conference, we explain how to build and operate communities to meet the middle-income need.
2017 NIC Fall Conference: Investing in Seniors Housing and Care Properties
Staff from Plante Moran Living Forward and Plante Moran will be attending NIC's Fall Conference from September 26–28. Meet us there to discuss how we can help you use the right market and operational data to plan for the future of your organization.
2017 Ziegler Senior Living Finance + Strategy Conference
Meet Dana Wollschlager of Plante Moran Living Forward at this year's Ziegler Senior Living Finance + Strategy Conference to learn how we can help you plan and execute your next capital project.
Plante Moran Living Forward Thought Leadership
Six ways to “win” in the senior living industrySenior living "winners" will know how to handle strategy, real estate, staffing, technology, and more.
Demographics analysis: Who are your future residents?Demographics data show that the typical senior living resident is changing — what they look like, where they live, and what type of senior housing they can afford. Your future resident may look like our friend Mary.
Three things you need to know about staffing your AL/MC facilityAssessing your staffing levels by comparing them to benchmarks is just the first step to a healthier operating margin, satisfied residents, and happier staff.
The best way to handle relocating residents during a renovationSorry to add another worry to the long list of decisions you're facing with your upcoming renovation, but we need to push "Resident Relocation Strategy" to the top of your to-do list.
How to decide when you need a capital projectFollow these steps before committing to a capital project to help you avoid common mistakes and unnecessary expenses.
Working With Us
At Plante Moran Living Forward, we believe disciplined strategic planning and market analysis are the most important ingredients for a successful project. Too often, organizations find themselves starting in the middle and working backwards, and then wondering why a project isn’t aligned with their financial goals or market characteristics.
Our multidisciplinary team works with you from the very start to deliver thoughtful, upfront, and unbiased planning along with the resources, expertise, and discipline to execute the chosen plan — all while keeping a sharp eye on cost structure, market demand, healthcare reform, changing regulatory environments, and the need to deliver quality resident care.