PRLog - March 30, 2011 - DENVER -- Planned Assisted Living Facilities are designed to serve the needs of seniors who range in age from about 75+ years. The majority of seniors moving into Assisted Living Facilities do so because they are in need of help with daily activities and live alone.
Income qualification for seniors seeking care at Assisted Living Facilities is based on help from family members and savings in many cases.
Acceptance of a new facility is based on population demands that include the 40 to 60 year age range because children of seniors typically locate their parents close to themselves. Moreover, other data shows that the 10 to 25 mile radius is typical when looking at current demographics, not including transplanted seniors.
Financial analysis is crucial when developing a Pro Forma statement for an Assisted Living Facility. A stress analysis of all variables is used by adjusting all variables to the Pro Forma via simulation methods such as Monte Carlo Simulations.
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Wert-Berater, Inc. is a provider of feasibility studies for real estate development projects including USDA Business and Industry loan guarantee programs throughout the USA.