Feasibility analyses and market studies for independent living, assisted living, memory care, and skilled nursing projects.
As senior housing becomes more competitive, developers need to take a strategic approach to finding the right niche and securing financing.
That’s where we come in. We take a holistic look at your location and market, analyzing competitors, location, demographics, income levels, net worth, and disability factors. Then we offer recommendations on what the market will support; what unit mix, services and amenities are needed; and what rents or price points are realistic.
We cover the full spectrum of senior housing – our experience encompasses everything from market-rate independent living, assisted living, and memory care facilities to strategic assessments for skilled nursing facility operators. We’re also the authority on affordable assisted living, having completed more market studies in this area than any other consultant.
As a result, we have a high success rate helping developers and sponsors secure municipal approvals and both private and public financing across the Midwest.
Tamarisk Senior Apartments – Deerfield, IL Read how we helped CJE SeniorLife and Banner Development gain municipal approval for an independent living facility aimed at Jewish seniors. Learn More
Senior Housing Needs Study – Northwest Chicago Suburbs Discover how our work helped 5 Chicago municipalities collaborate to meet senior housing needs. Learn More
Woodridge Horizon – Woodridge, IL Learn how we helped the Village and developer apply for and receive tax credits for senior housing. Learn More