Seniors Housing Market Feasibility Study - Financial Feasibility - Project Development
CALL 330-477-5271
Seniors Housing Market Feasibility Study - Financial Feasibility - Project Development
CALL 330-477-5271
Does your planned project make economic sense? We provide market feasibility analysis and optional proforma development for independent living, assisted living and/or memory care projects. A high-level, affordable preliminary market study determines the market depth to support the project upfront. As a seniors housing operator, fee developer and consultant we provide as little or as much assistance a client needs to bring a project to fruition.
Services include assembling a team of professionals necessary for financing, architectural design, construction, management team, pre-opening sales, state licensing, and daily operations of your facility - often a requirement of lenders for new investors entering the seniors housing marketplace.
Commercial real estate - particularly hotels - can often be converted to one or more types of seniors housing. Some modest building code upgrades and remodeling may be required for competitive reasons. However, the criteria for project evaluation and development success is similar to a new, purpose-built seniors housing development project. Call us without obligation to discuss an alternative use for your hotel or hotel acquisition.
Langworthy Company was founded in 1983, as a management consulting firm providing startup and troubleshooting advice for closely-held companies and their investors. In the mid 90s we entered the seniors housing marketplace developing a project for clients. Today we exclusively serve seniors housing owner-operators, shareholders, lenders and bondholders. We provide 'how to' advice and guidance to include most aspects of developing a senior housing community from feasibility to financing through construction and grand opening. We also offer third-party project feasibility evaluations to confirm the viability of an investment opportunity.