Senior Living Development Consulting

Our Expertise

The next level of senior living development

Plante Moran Living Forward™ is a development advisor that specializes in addressing the evolving real estate, development, and construction needs of senior living communities. Simply put, this means we help clients determine the scope and feasibility of their capital projects, understand market need, oversee the design and construction process, and complete projects on time and on budget.

Graphics with a list of Plante Moran Living Forward's senior living development advisory services, from project definition and feasibility to budget development to owner's representation and construction monitoring

Construction in the senior living industry is specialized, and each client’s project is unique. Embracing your needs is part of our approach. We offer a proven process that has been fine-tuned over billions of dollars in development — and a culture centered around a spirit of integrity and collaboration. You can trust our experts to guide you into making the right strategic, financial, and mission-driven decisions for your project, from concept to completion.

Our holistic development advisory services

Our senior living development advisors offer a holistic collection of services to educate and advise you at every step of the development process. By uncovering and explaining your options, coordinating the project team, and providing customized solutions, we help you make the most informed decisions.

We help you align capital to your development project

Project feasibility studies
Construction budget development
Financial modeling
Debt capacity and capital planning analysis
Financing coordination
Cash flow management
Economic development incentives procurement, such as TIF, tax credits, and other municipal programs
Construction cost escalation mitigation

We help you complete your development project

Owner’s representative services
Construction monitoring
Change order management
Project accounting procedures, controls, and reporting guidelines
Payment application and invoice processing
Furniture, fixture, and equipment (FF&E) coordination
Technology coordination
Project closeout: warranties, as-built documentation, inspections, and commissioning
Move management

We help you plan your development project

Site selection
Project definition and capital planning
Selection and management of project team
Master planning
Market feasibility studies and customer research
Facility condition assessments
Design process and value engineering oversight
Real estate due diligence: entitlements, zoning, surveys, and municipal approvals

Our unique advantage

Plante Moran Living Forward is structured differently to serve you differently.

Our “one-firm” firm philosophy is a unifying structure that means you receive the collective resources of the firm and all its affiliates, not just an individual team or office. As such, when we are engaged as your development advisor, we seamlessly integrate with a multidisciplinary team to leverage:

Plante Moran’s tax, audit, and senior living operations consulting expertise
Plante Moran Cresa’s commercial real estate acumen
Plante Moran Real Estate Investment Advisors’ real estate investment consulting and transaction capabilities

Together, we provide a full-service approach to your projects. Contact us to learn more.

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Case Studies

See all case studies

Moorings Park Grande Lake Clubhouse Exterior and Pool, Naples, Florida

Client since 2015

Owner’s rep helps senior living construction project remain on track despite COVID-19 disruptions

Moorings Park Communities engaged Plante Moran Living Forward as owner’s representative during the construction of a new Clubhouse at the Moorings Park Grande Lake campus in Florida.

Case Study / 1 min read

Clark Retirement Community Keller Lake Senior Living Development Exterior

Client since 2017

Senior living community completes Phase 1 of its master plan to reposition & expand campus

The City of Livonia needed to address its aging district court to better meet the needs of the court system and community.

Case Study / 1 min read

Madonna Manor Independent Living Exterior - CHI Living Communities, Kentucky

2020

Development consultants help CCRC open new independent living housing on budget and schedule

For the past 12 years, CHI Living Communities has relied on Plante Moran Living Forward’s development consultants to help plan and manage capital projects at Madonna Manor, a leading faith-based CCRC in Kentucky.

Case Study / 1 min read

Client Experience

Working with our senior living development advisors

Plante Moran Living Forward™ brings the expertise to advise you throughout your construction projects — all while keeping a sharp eye on cost structure, senior housing trends, and construction cost escalation. We can provide individual services, augment your in-house staff, or collaborate as a fully integrated development department for hire.

Contact us to learn how we integrate with your in-house team to help oversee the hundreds of daily tasks associated with senior housing development, mitigate risk, and help keep your project on budget and schedule.

Our clients say

Plante Moran Living Forward has been our owner’s representative and trusted strategic advisor for almost 15 years. Over that time, their impact on our organization has been invaluable. Their experts are knowledgeable about the entire development process, highly effective at bringing project teams together, and always focused on doing what’s right for our organization. From day one, their leadership and support to our team have made all the difference to the success of our nearly $90 million in projects together. My advice would be to make Plante Moran Living Forward your first call if you’re considering a capital project. They will ensure you start off on the right path and add value at every stage of the process.

Michael W. Allen, CPA

Vice-President, Finance & Facilities and Treasurer, Graceworks Lutheran Services