Senior Living & Multi-Family

Overview

Development Advisors Principals have been involved with over 1,000 senior living and multi-family residences with a constructed value of $200 million. We have experience with independent and assisted living communities and have led both ground-up and renovation projects. We are your representative, your advocate, your coach, your encourager and your problem solver leading the project team from A to Z.

Passion

We are passionate about serving investors and operating organizations who provide high-quality living environments where the resident is celebrated with an extraordinary living experience. This shows up by offering abundant common amenities, get-away green space, elegantly appointed and peaceful interiors, sufficient secure parking and concierge style services.

Purpose

Developco takes your great vision and helps you create an achievable and profitable development project. We lead the process from A to Z including strategic planning, financial feasibility, site/building selection, sourcing debt financing, project team selection, municipal entitlements, project management and construction management, furniture, fixtures, and equipment procurement and property management set-up.

Property

From the real estate acquisition perspective, Developco can help you analyze each prospective land site to determine if it’s in a desirable area and will be attractive to prospective residents. We will investigate the allowed land uses, the development guidelines and meet with the municipality to uncover all of their requirements. From a constructability perspective, Developco investigates every cost required to prepare the land for vertical construction. Our knowledge of local real estate, site planning and horizontal infrastructure is invaluable during this real estate acquisition phase.

Professional Assistance

Developco can best serve you when we get involved early. We are accustomed to leading from A to Z. However, if you prefer more horsepower in just a few key areas, Developco is available to assist. With its extensive professional relationships, Developco recommends then leads the most capable team of designers, contractors and vendors to execute your real estate project. We’ll do the heavy lifting while you focus on the critical activities required to begin marketing your units for lease.

Problem Solving

By being involved in the entire process and continually viewing the big picture allows us to effectively anticipate future obstacles. Staying abreast of all activities gives us time to plan, and if necessary, to create various work-around strategies to keep your (our) project on time and in budget.

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