Independent-Living Market Feasibility Studies
Our independent-living (formerly known as congregate care) studies provide a clear understanding of
how the market will respond to your community.
Conclusions/Recommendations
Specifically, our studies will provide the following
conclusions/recommendations:
- Market support for independent-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
site
- Rents
- Unit mix
- Unit amenities
- Project amenities/services
- Square footage
- Marketing strategies
- Projected absorption period
Supply/Demand Analysis
Our conclusions and recommendations are based on a
supply/demand analysis of area elderly living facilities using
established capture factors.
Supply
A 100% field survey of elderly living facilities within the
Effective Market Area is conducted.
Area independent-living, 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
square footage.
Demand Analysis
Demand for additional independent-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 about any of these services, please call
us at (614) 221-9096 during business hours (8 am to 5 pm)
Eastern US time, or fill out our contact
form.
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