development services

Equipped to offer a full complement of advisory services, Watercrest Senior Living Group will expertly engage your interests with the necessary experience to ensure your facility or concept is transformed into a thriving senior living community. Our competencies include but are not limited to the following:

Acquisition Services:

 

• Preliminary site evaluation

 

• Market Feasibility Analysis

 

• Competitive Analysis

 

• Product Validation Study

 

 

Development Services:

 

• Selection of architect, interior designer, engineer, GC, legal counsel and other professionals

 

• Manage due diligence process (title, survey, environmental, geotechnical)

 

• Negotiate LOI/purchase agreement

 

• Collaborate with architect and interior designer on building design, apartment sizes, amenities,

   finishes, site plan

 

• Introduce equity and debt sources

 

• Comprehensive pro forma generation including development costs, pre-opening and detailed

   operating projections

 

 

Project Management:

 

• Coordinate construction draw process

 

• Full project job cost accounting and reporting

 

• Monitor general contractor to ensure project stays on schedule and on budget

 

© 2012 Watercrest Senior Living Group, LLC