Expertise
Senior living development, acquisition and investment services provided by Formation Development Group include:
Site selection
- Site identification & sourcing
- Negotiations
- Contracting
Site investigations & due diligence
- Environmental studies
- Legal & title investigations
- Engineering & feasibility studies
Project finance
- Pro forma analysis & budgeting
- Securing capital: equity, debt and mezzanine
- Loan restructuring/workouts
- Asset management
Zoning approvals & other entitlements
- Local approvals
- Regional & state approvals
- Federal approvals
- Certificates of Need
Project Management
- Oversight of 3rd party consultants
- Scheduling & tracking
Architectural design & civil engineering
- Site planning
- Project programming
- Schematic design
- Construction documents
- Value engineering
Interior design & furnishings
- Design
- Procurement
- Installation
Owner construction representation
- Bidding and negotiating
- Permitting
- Contract administration
- Site visits
Start-up Operations
- Marketing office set-up
- Hiring & training
- Procurement of equipment & supplies
Asset Management
- Sales & marketing
- Budgeting & financial monitoring
- Facilities management
Product Development & Programming
- Strategic positioning
- Repositioning & reprogramming
- Expansions & renovations
- Exit strategies & dispositions