Development Consulting
Tranquilium creates value for developer and investor clients by coordinating all major aspects of the development process. Involvement includes project management and consulting services from project program to project completion. The major aspects of the development process include, utilizing alliances with key industry specialist in feasibility, law, valuation, finance, design, construction and property management in order to ensure the optimal product is constructed and is prudently managed.
Feasibility Analysis
Tranquilium identifies strong markets for seniors housing and “Place” based real estate, providing feasibility analysis services for landowners, developers, investors and public sector authorities. This involves identifying locations in which to invest in development projects by utilizing GIS Mapping and other demographic data. Once a site is selected a series of valuation stages are completed which are identified as; Property Productivity, Market Area, Supply & Demand and Income & Expense. Through the completion of these stages the maximally productive use of the site is determined.
Valuation Analysis
Tranquilium provides restricted valuation services for clients considering a development and or acquisition opportunity with a focus on sustainable seniors housing and “Place” based real estate. This service is provided with the intent to be in conjunction with other development consulting, acquisition and or disposition services. The restricted appraisal is to be used only for the client to determine an investment plan of action. For self contained appraisal to be used to secure a loan, Tranquilium can recommend highly accredited appraisal firms to complete appraisal assignments by approved appraisers for construction, acquisition and refinance loans.
Transaction Brokerage
Tranquilium provides acquisition services from property discovery to closing for investors and operators with a specialty focus in seniors housing. This begins with the property search and continues through to underwriting, arranging debt, qualifying third party management, purchase negotiation and closing coordination services. The expertise in appraisal services provides Tranquilium a competitive advanage over other brokers in identifying the appropriate pricing for an acquisition and market value for a disposition.
Operational Consulting
Tranquilium works with operators nationwide and can provide consulting services, through relationships with a variety of proven industry professionals. Consulting services can help to optimize operating performance, and improve census. The advice, action plan and implementation through the consulting services is intended to improve the properties bottom line and justify a lower cap rate sale due to the property’s improved historical operating margins. Operating consulting services will help generate a higher EBITDA over an extended period of time, justifying a lower cap rate and the optimal market sale price at the time the property owner is ready to sell.
Asset Management
Tranquilium represents ownership entities to identify, hire and oversee prudent property management and address key investment decisions. The operator shall have significant input in the design of the facility in order to optimize operational efficiencies and enhance marketability. Once the project is constructed and is operating Tranquilium shall analyze the operator’s income and expenses statement and provide a monthly summary report of the operator’s performance. This report will compare the budget to actual performance. In addition, services include monitoring operating and debt service reserves to ensure the project remains solvent and the operator meets established goals.