Assisted-Living Market Feasibility Studies
Our assisted-living studies provide a clear understanding of
how the market will respond to your assisted-living community.
Specifically, our studies will provide the following
- Market support for assisted-living development based on
projected fees using established capture factors among area
age- and income-appropriate households
- Total number of units that can be supported at the subject
- Unit mix
- Unit amenities
- Project amenities/services
- Square footage
- Marketing strategies
- Projected absorption period
Our conclusions and recommendations are based on a
supply/demand analysis of area elderly living facilities using
established capture factors.
A 100% field survey of elderly living facilities and
multifamily development (independent-living) within the
Effective Market Area is conducted.
Area congregate care, assisted-living, and nursing home
facilities are surveyed to identify unit mix, rents/monthly
fees, vacancies, year opened/converted, endowments (if
applicable), unit amenities, project amenities/services,
utilities, service charges/additional fees, refund policies and
Depending on the nature of the market area, apartments may present a base of more mobile elderly who can
respond to elderly-targeted living options. The area apartment
base may be surveyed to identify number of units, type of unit
(garden/townhouse), unit mix, rent, vacancies, unit amenities,
project amenities, project type (market-rate or government
subsidized), utilities, year built/opened, Comparability Rating,
and estimated elderly occupancy.
Demand for additional assisted-living development is based on
establishing appropriate capture factors using area demographic
profiles based on the best available small area demographic,
including available area disability rates.
For more information on assisted-living studies, please
call us at (614) 221-9096 during business hours (8 am to 5 pm)
Eastern US time.
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