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National Land Realty Commercial Division

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Senior Living Site Acquisition

August 1, 2017 By

Challenge:

Developer seeking to identify sites for independent and assisted living facilities in Southeastern US. The age and income qualified population as well as the amount of existing inventory is critical to evaluating site feasibility. The developer provided a demographic model which they were using to evaluate sites individually, confining them to their local markets.  NLR was tasked with creating an acquisition platform that would allow for regional scale.

Solution:

NLR used the metrics to create a custom mapping platform which highlighted concentrations of the target population, as well as the existing independent and assisted living facilities (including number of beds).  This platform allowed the developer to identify target rich areas on which to focus.  NLR’s team of land specialists then proactively targeted viable sites within those hot spots to solicit purchase agreements. In the initial project phase three sites were secured and projects are slated for construction beginning late 2017.

Interested in learning more?  Click here to schedule a demo

Heat map identifying concentrations of target population

Existing facilities with number of Beds & Parcel data identifying market opportunities

Demographic profiles for IL, AL, and Memory Care segmented by 1 mile Block Groups

Parcel Maps with Ownership to seamlessly contact target properties

 

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Industries of Expertise

  • Solar
  • Residential
  • Commercial
  • Affordable Housing
  • Senior Living

Case Studies

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Assisted/Senior LivingSenior Living Site AcquisitionView Case Study
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About NLR Commercial

NLR Commercial is a full-service real estate brokerage company focused on commercial land acquisition and sales. We provide turn-key services to developers, investors, and landowners to buy and sell properties. What sets us apart is our technology and our team. ... » Learn More about About Us

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