Beruflich Dokumente
Kultur Dokumente
Prepared For
July, 2011
ICMS recommends residential suite mix for the subject development in the range of 95 units plus 1 guest suite depending on the size and configuration of specific unit types and common areas: Independent Supportive Living Assisted Living 67 residential suites 28 residential suites 95 Total Guest Suite 1 residential suite
This material is prepared by (ICMS) International Care Management Services and expresses the professional opinion on this particular project 15 its intended purpose is not to be reproduced, transmitted or included with other documents without the written approval of ICMS.
ACTIVITIES There will be a broad cross-section of prospective backgrounds, ages, frailties and interests in the community thus the activities program must be on the leading edge of appeal, frequency, quality and variety of particip-action activities and social programs. STAFFING As much attention to detail that goes into the design, construction and administration of the operations, every residential community has its own personality. This personality is directly correlated to the quality of its people - staff and residents. A great staff ensures that residential lifestyle enhancement becomes more than words it is the culture, the way of life. Staff will be carefully selected to ensure that this community will evolve into its true potential.
This material is prepared by (ICMS) International Care Management Services and expresses the professional opinion on this particular project 20 its intended purpose is not to be reproduced, transmitted or included with other documents without the written approval of ICMS.
PRICING
THE MEAFORD HAVEN SENIORS COMMUNITY Base occupancy fees noted below include the services as outlined previously and will be adjusted for unit and location premiums, once the building is constructed. Fees listed here are based on 2011 rates. Occupancy fees used in the pro-forma are adjusted for contemplated opening. 2011 Base Occupancy Fees Independent Supportive Living Suites: Studio /1 Bath Studio-Alcove/1 Bath 1 Bedroom/1 Bath 2 Bedroom/1 Bath Second Person Fees $2,595/month $2,745/month $3,150/month $3,995/month $650/month
Assisted Living Units: Studio /1 Bath Studio-Alcove/1 Bath 1 Bedroom/1 Bath Second Person Fees $2,595/month $2,745/month $3,150/month $650/month
All suggested occupancy fees are base 2011 current rates based upon market comparables and adjusted for perceived value. They are a function of unit design, specification and subject to location upgrades. Occupancy fees will be reviewed and revised accordingly as the project is determined and pre-marketing strategies are implemented.
This material is prepared by (ICMS) International Care Management Services and expresses the professional opinion on this particular project 28 its intended purpose is not to be reproduced, transmitted or included with other documents without the written approval of ICMS.
CONCLUSIONS
Based on the analysis, International Care Management Services concludes that: The subject site has advantages conducive to the development of a seniors community, The subject property should offer a professionally designed campus providing Independent Supportive Living and Assisted Living, effectively designed with well equipped suites, attractive common amenities and specific services that anticipate and respond to the needs of the market, The community will have to educate the potential clientele as current seniors housing within the immediate catchment area is institutional, There is a market within the catchment for Independent Supportive Living suites including studio, studio/alcove, one bedroom and two bedroom, There is a market within the catchment for Assisted Living suites including studio, studio/alcove and one bedroom, The community should provide transportation services for residents, Many future residents may live in similar neighbourhoods and when combined with sizable pensions and high investment income will afford them the potential of a very comfortable lifestyle without being a burden to estate planning, Resident occupancy fee rates will correlate directly to the design, features, size and positioning of the residential units; the design and inclusiveness of common areas; the quantity, quality and delivery of services; and, market characteristics, The appropriate tenure for Independent Supportive Living is rental, The appropriate tenure for Assisted Living is rental, Respite stays should be per day rate, An annual 20% - 40% turnover of the resident base in established Independent Supportive Living and Assisted Living communities can be expected, The conversion of reservation agreement to committed contract will be affected by the resale markets ability to absorb potentially similar residential resale listings at one time, The buildings need to be access-controlled from all entry points, An effectively designed, purposefully-targeted seniors community on this site can be viable in the long term.
This material is prepared by (ICMS) International Care Management Services and expresses the professional opinion on this particular project 34 its intended purpose is not to be reproduced, transmitted or included with other documents without the written approval of ICMS.