Demographic and financial forecasting
Plante Moran CRESA can assist you with real estate planning for the future by assessing your demographic profile and available financial resources and evaluating the implications associated with the relationship. This study will allow you to have a comprehensive understanding of your:
- Demographic forecast
- Financial future
Retirement facility and healthcare assessments
Healthcare needs analysis involves reviewing your philosophy and policies for addressing the needs of aging members and projections for the utilization and capacity of your real estate holdings. We can assist you with a real estate plan involving the assessment of:
- Healthcare facilities
- Aging in place policies
- Assisted living options
- Skilled nursing options
- Facility licensure
- Potential reimbursement
Our real estate advisory team assesses your real estate facilities to help you determine whether they effectively support retirement living.
Our experience includes assisting congregations through the nursing home licensing process and analyzing the cost effectiveness of licensing these facilities. We keep in mind the sensitivity required when working with the women and men living in these facilities.
Facility condition and real estate assessments
Facility condition assessment
Our real estate advisory team will help you understand the current condition of your real estate, as well as determine the capital investment and maintenance expenditures necessary to sustain your facilities.
This facility assessment would include:
- Architectural elements and building codes
- Mechanical systems
- Electrical systems
- Energy and environmental sustainability
- Security and communications systems
Our evaluation would help you categorize capital spending into:
- Critical needs
- Deferred maintenance
- Property enhancement
- Life safety
Facility use and capacity needs assessment
Real estate capacity and utilization studies consider the implications associated with:
- Inefficiently used facilities
- Underutilized facilities
- Potential opportunities
The studies provide you with information to incorporate into an overall real estate planning process for the Community that would address the use of real estate assets in the context of the Community’s priorities and financial needs.
Real estate evaluation
If you are considering transitioning any of your real estate to other uses, Plante Moran CRESA can conduct a market analysis of your real estate holdings to determine their highest and best use value, as well as assist with real estate asset disposition services. Such analysis could include:
- Property valuation
- Current zoning/master plan analysis
- General market analysis
- Highest and best use analysis
- Environmental considerations and analysis
- Title issues
- Legal considerations
- Development alternatives