Hotel Conversions Into Healthcare Facilities
Quality Healthcare Asset Management ("QHAM") team of committed healthcare professionals assists with converting Hotels/Motels into Assisted Living Facilities (ALF), Congregate Housing, and/or Residential Care Facilities for the Elderly (RCFE). We can assist with the conversion of any project from apartment buildings to warehouses. With the Baby Boomer population retiring and seeking long term care comfort and services, there is a huge demand for long term care facilities today. Now is the time to be a part of this process and still be a part of the hospitality industry. Some of the professional services we provide include the following:
5 Year Performance
We will drastically increase your ADR and Property Value. Our Consulting team focuses on securing your facility matrix and census/occupancy to maximize your financial stability and growth. We will provide a 5 Year Proforma that will outline your potential success.
Financial assistance will be provided utilizing one of our many lenders. Our lenders are familiar with the Hotel Conversion Process, hence they understand the necessary variables needed to obtain loan approval.
County and State Licensing Process and Approval
Our team will assist with the licensing process and zoning process required to successfully convert a Hotel/Motel into a healthcare facility while meeting all mandatory state and federal regulations. Our Consulting team will identify and select (bidding process) an affordable General Contractor who is experienced with meeting ADA requirements and conducting Hotel Conversion Development Projects.