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— Health Care Properties Quarterly — July 2017

www.crej.com

Senior Housing & Care

1997 FLASHBACK

CATAMOUNTINC.COM

World Population: 5,898,688,337 • Titanic, Jurassic

Park, and Men in Black were the three biggest films

of the year • First DVD players arrive on the market

in the U.S. • South Park premiered as the most

controversial show on television • The Spice Girls

were the biggest pop group in the world • The

Backstreet Boys made their debut with breakout hit

“Quit Playing Games (With My Heart)” • Teletubbies

made its debut—much to the annoyance of

parents everywhere • The first book in the Harry

Potter series, Philosopher’s Stone, by J.K. Rowling

was published • Steve Jobs returns to run Apple

Computers • Mars Pathfinder lands on the surface

of Mars • YAHOO! Mail was launched on the 8th

of October • Tiger Woods becomes the youngest

golfer to win the Masters at 21 • The Green Bay

Packers win Super Bowl XXXI for the first time since

1967 • The Dow Jones Industrial Average closes

above 8,000 for the first time • ”Simpsons” becomes

longest-running animated series in cartoon history.

CHEERS TO 20 YEARS!

As we celebrate our 20th year in business, an

enormous amount of humility accompanies the pride

we feel for all that we have accomplished since

Catamount started in 1997.

Our team has worked in 49 states (still looking for

our first job to take us to Hawaii!) and we have three

fantastic regional offices with great reputations that

have earned top 25 GC rankings in all three cities.

The statistic that we are proudest of is our 80%

repeat client ratio. It has been a pleasure working

with you year-after-year. We owe our success to

your trust in our team.

THANK YOU for 20 great years!

20

25

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B

uilding senior living communi-

ties relies on adherence to a

stringent set of requirements

in order to comply with state

and federal building codes and

licensing, as well as to create spaces

that are comfortable while being pri-

vate and secure.

When choosing sites for senior liv-

ing residences, designers and archi-

tects often collaborate with develop-

ers and operators on new out-of-

the-ground construction, often in

suburban or less densely populated

areas with space for construction. If

the desire is to construct a commu-

nity in an established neighborhood,

the only option may be to convert an

existing building. Potential buildings

for a conversion could include for-

mer office buildings, retail stores or

medical facilities.

Because many cities are expe-

riencing rapid population growth

and subsequent development, more

developers are seeking buildings

that they can repurpose and con-

vert to senior living residences. Our

senior living practice has devised

a series of adaptive reuse tips for

selecting the best existing spaces for

senior living residences, taking into

account the building’s location and

community integration, the build-

ing’s condition, and its existing lay-

out and utilities.

Choose the Right Location

Successful site selection has a lot

to do with location. Because there

aren’t many undeveloped multi-acre

sites available in urban or dense

areas, more senior living developers

and operators are choosing to repur-

pose older buildings that originally

were built with a

separate purpose in

mind.

Community

integration is key,

and a successful

senior living resi-

dence often will be

complemented

by what’s located

around it, since

conversion sites

may not always be

located in areas

conducive to senior

living. Ideal loca-

tions usually include a mixed-use

environment within walking distance

containing a grocery store, restau-

rants and retail. Buildings in indus-

trial areas or office parks may be less

convenient, feel more isolated and

have safety concerns for the resi-

dents.

Depending on the acuity level of

residents, a location close to exist-

ing medical care facilities often

outweighs the proximity to retail

and grocery stores. Independent liv-

ing residents may be more drawn to

amenities like retail and restaurants,

while assisted living will benefit more

from proximity to medical facilities.

An ideal building for a conversion

might include multiple services on

the first floor, such as retail shops,

restaurants and even medical offices,

with the opportunity for conversion

to residential apartments above.

Consider the Building’s Condition

When looking at an existing build-

ing that may be converted, there are

several things to look for to keep the

conversion financially viable. Care

should be taken to verify that the

building’s structural system is in good

shape, and can support loads for

common areas and amenity spaces.

A conversion will also trigger code

updates that could include fire ratings

of structure and walls, fire sprinkler

updates and egress compliance.

Converting an existing building can

be efficient compared to building

from the ground up, however, some

buildings have to be renovated so

extensively that they pass the break-

ing point of being worthwhile. Care

should be taken early in the selection

process to verify the building has the

components necessary to make a

conversion successful.

Assess the Building’s Structure

There are a few key components

that are important to think about

when converting an existing building

to a senior living residential commu-

nity. First, consider the floor-to-floor

height. There should be about suf-

ficient height between each floor to

constitute an effective living space.

Converting older buildings may pres-

ent challenges with ceilings that are

too low, while converting warehouse

spaces may present challenges with

ceilings that are too high.

Likewise, be sure to pay attention

to the building’s windows. Office

buildings or former retail space with

floor-to-ceiling windows may need to

be renovated to a more homelike set-

ting. It’s better to find buildings with

punched opening windows, ideally

spacing that works well with bed-

room and living room dimensions.

If the building is multiple stories,

consideration should be given to the

size of an existing elevator. Senior

living communities often provide an

elevator capable of carrying a stretch-

er, and an existing building may not

have a big enough elevator cab. Some

multiple-story buildings do not have

an elevator, and a retrofit to put one

in may prove too costly.

Consider Existing Utilities and

Equipment

It’s also important to take a look at

the existing utilities, such as water,

gas and electrical service. Consider

that an office building probably has a

few central restrooms and low water

demand, while a residential building

will have higher daily water usage.

Converting a building into individual

apartments and adding a commer-

cial kitchen will increase the water

demand, and an increase in water tap

size may be required.

Similarly, the existing gas and elec-

tric infrastructure may affect the suc-

cess of a conversion to a residential

use. Many office buildings already

have high electric uses, but an engi-

neer should verify the power capacity

based on the intended program for

the community. The gas service may

need to be increased with the addi-

tion of a commercial kitchen or addi-

tional HVAC equipment.

It is becoming harder to find sites of

the right size without looking farther

away from established neighborhoods

and urban cities.While architects

and designers may find challenges in

converting buildings to senior living

residences that were previously used

for office or retail, the benefits can be

many, including integrating seniors

into the fold of urban communities,

as well as choosing to follow the sus-

tainable practice of adaptive reuse.

s

Converting existing bldgs. into senior living spaces

Jami

Mohlenkamp

Principal, OZ

Architecture,

Denver