Memory Care Opportunity in Retirement Communities


Memory Care Management and Consulting recognizes that there are tremendous benefits to developing and operating memory care centers in concert with existing, well-established retirement communities and CCRCs. As residents age in place, CCRCs often have fully occupied Assisted Living beds, and they are eventually turning down residents from the community to be able to meet their commitments to their own residents. Further, residents suffering with dementia do not always mix appropriately with the traditional assisted living residents and could benefit form a more specialized environment.

 

Plus, few CCRC’s are designed with separate Memory Care Units within their Assisted Living, often with advance design as a CCRC design and configuration constraints. However, many communities have an available 2-3 acres to develop and meet the needed memory care resident demand in so market places.

 

In the US, while there is 5.4 million affected with Alzheimer’s, the Federal Government estimates there will be 16 million! There hasn’t been more capital and funding options available for development of new projects since the late 90’s and rates are lower than ever and recognized demand is higher than ever. Providers and operators from Continuing Care Communities to Retirement Communities to hospital systems from the nonprofit to for profit sectors need to step up to meet this demand, and seize operational and/or fiscal benefits.

 

Memory Care Management and Consulting offers the following initial assessment to retirement community operators:

 

  • An initial analysis with its development affiliate, Senior Consulting, LLC on a property (ies) that may be owned by your community or available for state of the art Memory Care Center. We have a more expansive approach, as submit to a positive demand in a service area, we issue a Senior Living Development Report is issued in conjunction with a Assisted Living Market Analysis.

 

  • A Memory Care and Assisted Living Market Analysis, which includes financial and a cost benefit analysis.

 

  • An assessment of project funding and structure options with potential key partners that addresses your mission and operational objections. This will include discussions with underwriters such as Ziegler, BB&T or institutional investors we can access.

 

  • Meet with senior management and boards to review a comprehensive proposal thereafter.

 

We offer a unique value proposition beyond an Assisted Living Market Analysis. Developers don’t usually get involved early and issue separate Report. Plus, our goal is to develop a long-term relationship with retirement community campuses where we can be part of your team in the eventual operations of the developed and needed facility.

 

Ask us for more information.