Utilization of Church Property with Seniors Housing
As Faith communities grow and age, the need for suitable housing options is becoming more prevalent. Faith groups are heeding the call to support our communities aging demographic with mission-based Senior Housing options with better utilization of Church lands.
The Royal LePage Commercial Faith-Based & Non-Profit Advisory Group together with Bloomr Commercial Real Estate can assist those wanting to explore the feasibility of developing a Seniors Housing project. We begin with a market research feasibility study to determine the economic viability, neighbourhood demand, and financial sustainability of the proposed project.
Our Market Research Feasibiity Study includes:
- Demographic and market trends in the primary area to determine the demand, if any, for the type of project.
- Identify similar Senior Housing projects in the primary area to asses market rents.
- Evaluation of the development potential, size, location, feasibility, accessibility and visibility.
- Recommendations for an appropriate development concept based on the type of Seniors Living residence.
Seniors Living can take many forms:
- Retirement Communities
- Long Term Care Homes
- Assisted Living
- Aging in Place
- Senior Living
- Supportive Housing
Your Property is Your Leverage to
The Advisory Group.
Susan has been a licensed real estate sales professional for the past six years and is focused on Places of Worship (Churches, Mosques, Temples, Synagogues, Gurudwaras) and Non-Profit organizations, specializing in developing real estate strategies and solutions to help leaders realize a sustainable future.
Susan continually offers guidance to congregations, non-profits, occupants and owners, and understands property redevelopment, partnerships, amalgamation, disposition, acquisition and leasing.