Market and Feasibility Studies
Province has over 35 years of experience in the Senior Housing and Health Care industry. Our experience (including management/ ownership and programming development) provides us with state-of-the-art data that is not typically available to a market and financial feasibility analysts.
Market Feasibility studies define the primary market area, as well as the secondary market draw for senior services. Our studies included supply and demand factors which are driven by market rent,
Financial Feasibility studies determine if the cost of construction meets and/or exceeds the potential value associated with the operations. Our software analyzes expenses on a per resident day basis which provides consistency in our reporting while at the same time providing a solid basis for analysis of actual costs per resident day facility to facility. Implementation of these applications has led to increased accuracy and reliability for our consulting services associated with Financial Feasibility analysis.
With extensive experience in valuation and advisory services, we have worked with clients, large and small, providing due diligence services on portfolio transactions. Our due diligence services also include:
- Competitive Data Verification
- Demographic Analysis
- Financial Feasibility Modeling
- Lease Review
- Transaction Support
- Private and Investment Equity Buy-Sell decisions
As experts in senior housing and healthcare, Province provides superior performance measurements and forecasting. Our management/ownership and program development has afforded our TEAM “boots on the ground” experience for all aspects of senior housing and healthcare operations, management and development to meet investment objectives and assist in optimizing the long-term value of assets.
Our TEAM is well seasoned to provide Asset Management and Performance Tracking that includes:
- Advanced analytics capabilities including analysis based on staffing (fte’s), salaries and supplies on a per resident day basis
- Up-to-Date Market Knowledge for all cost categories
- Post-Acute Care Trends for all levels of programming
- State-of-the-Art programming that is documented and outcome driven
- Proficiency in the valuation for all aspects of senior housing and healthcare property types.
Our TEAM of expert specialists work with our clients during the development phase including planning and design, zoning approvals and development construction. Our services include zoning analysis, highest and best use analyses, site development, architectural services, management services and program development, as well as market feasibility and financial feasibility studies to ensure success of the development project. Some of our services are provided through partner relationships that have been in place for over 30 years. The wide and varied experience of our development TEAM brings knowledge and insight that is not captured by most consulting services
Mixed Use (PUD) Analyses and Feasibilities
Our specialty, along with our expert TEAM of analysts, provides our clients with the quality reports and services that is otherwise ,not available within the industry. This knowledge base provides national expertise in all aspects of senior housing and healthcare.
- Day Care Facilities
- Low and Moderate-Income housing
- Mixed Use Developments (senior housing and healthcare)
- Medical Malls
- Student Housing (market feasibility and appraisal)