PEGASUS
Flatiron to assist in MC renovation for 5 Pegasus communities in the West, Pacific Northwest and Southwest regions.
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Status: Ongoing
Senior Housing Consultant
MC Conversion of 5 Pegasus communities across the western United States
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Tucson Place | Tucson, AZ
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The Rivers | Puyallup, WA
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The Havens at Antelope Valley | Lancaster, CA
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The Gardens | Marysville, WA
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Whispering Windows | Apple Valley, CA
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Scope of Work:
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Market research and analysis.
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Review floor plans and identify areas that are ripe for conversion.
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Review state code for any restrictions or provisions (i.e access to outdoor space, etc.)
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High level financial projections.
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Flatiron will coordinate a site visit along with GC, interior design and architect to evaluate conversion opportunities, establish cost estimates, identify any potential areas of concern.
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Prepare preliminary architectural drawings.
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Conduct in-person tours of local competition.
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Coordinate with operator on financial projection.
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Coordinate project team through pre-development and development phases.
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