development services

Equipped to offer a full complement of advisory services, Watercrest Senior Living Group will expertly engage your interests with the necessary experience to ensure your facility or concept is transformed into a thriving senior living community. Our competencies include but are not limited to the following:

Acquisition Services:


• Preliminary site evaluation


• Market Feasibility Analysis


• Competitive Analysis


• Product Validation Study



Development Services:


• Selection of architect, interior designer, engineer, GC, legal counsel and other professionals


• Manage due diligence process (title, survey, environmental, geotechnical)


• Negotiate LOI/purchase agreement


• Collaborate with architect and interior designer on building design, apartment sizes, amenities,

   finishes, site plan


• Introduce equity and debt sources


• Comprehensive pro forma generation including development costs, pre-opening and detailed

   operating projections



Project Management:


• Coordinate construction draw process


• Full project job cost accounting and reporting


• Monitor general contractor to ensure project stays on schedule and on budget


© 2012 Watercrest Senior Living Group, LLC