PARTNERING WITH YOU TO IGNITE SUCCESS
Table of Contents 4
Introduction to Cappella Living Solutions
10
Relevant Experience
14
Team Biographies
16
Case Study: Bella Vita
18
Infographic: Casey’s Pond
19
References
With over 45 years of operational experience and a talented bench of experts, Cappella Living Solutions provides the tools needed to
ignite success.
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Smiles abound at Someren Glen
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Introduction to Cappella Living Solutions Cappella Living Solutions has been igniting success as a premier operator and consultant for senior living since 1972. With a focus on strong sales and marketing methods, efficiency in operations and expertise in technology, we are able to drive occupancy at all service levels. Our uncompromising commitment to powerful community culture drives our focus on the continued growth of residents and staff. Our passion is to inspire a world of possibilities in senior living through experienced leadership and strategic insight that ignites success and transforms the way the world views aging.
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A Family of Companies Organized to Enrich the Lives of Seniors Christian Living Communities 501c3 (not-for-profit) Cappella Living Solutions (for profit) Mergers, Affiliations and Acquisitions
Christian Living Neighborhoods 501c3 (not-for-profit)
Help for other not-for-profits Moderately priced rental housing
Management of owned communities
Cappella Living Solutions is the consulting and management division of Christian Living Communities. CLC Established in 1972, CLC owns Villa, and LLC operates highly successful Life Plan Communities, Adult Day Services Dayspring and Home Care Services in the Denver metro area.
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Introduction to Cappella Living Solutions CLC COMMUNITIES CURRENT UNIT MIX Independent Living
CAPPELLA LIVING SOLUTIONS MANAGEMENT & DESIGN
Clermont Someren Holly Dayspring Total Park Glen Creek Villa* 167 72 198 437
EXISTING COMMUNITIES
Casey’s Pond Bella Vita Apartment Type
Independent Living Cottages 21 21
Independent Living
34
Assisted Living
Assisted Living
30
17
77 28 71 193
Memory Support Assisted Living 18 12 Memory Support Skilled Nursing
30
26 26
NEW CONSTRUCTION Melody Cappella at Retreat at Sr. Living Grand Junction Sunny Vista
86 57
40
38
Total
120 165
Memory Support Assisted Living 26 22 26 32 106 Skilled Nursing
66
66
Nursing Beds
63 65 24 152
TOTAL EXISTING APARTMENTS
156 86 79 66 70 457
TOTAL EXISTING UNITS
265
PROJECT COST
N/A
PROJECT COST
240 283 71 859
N/A $22.1M $12.5M $17.5M $52.1M
$77.7M $16.2M $87M N/A $180.9M *Acquisition and transition services provided by Cappella
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Introduction to Cappella Living Solutions CAPPELLA LIVING SOLUTIONS CONSULTING CONSULTING
Apartment Type
AG Confidential Confidential Confidential Las Heritage The Rosemark Total Rhodes Operational (Colorado) (Kansas) Montanas West Oberon at Assessment Operational Operational Financial Financial Financial Mayfair (Eden
Alternative)® Assessment
Assessment
Pro Forma
Pro Forma Pro Forma
Independent Living
62
90
280
Assisted Living
25
41
88
107
Design
50 48
57
482 366
Skilled Nursing 130 45 175
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Memory Support
15
32
16
31
94
TOTAL EXISTING APARTMENTS
191
400
64
88
1,117
130
87
107
50
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Relevant Experience - Representative Projects
CASEY’S POND
BELLA VITA
Located in the beautiful mountain setting of Steamboat Springs, CO, this community encompasses the full care continuum.
This beautifully renovated, eight-story community is for active adults 55 and better. Located in Aurora, just north of Cherry Creek State Park.
Community mix includes: • 34 Independent Living • 30 Assisted Living • 26 Memory Support • 66 Skilled Nursing Not-for-profit Assumed operation in 2016
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Community mix includes: • 8 6 one and two-bedroom apartments between 640 and 1,120 square feet For-profit Assumed operation in 2015
THE RETREAT AT SUNNY VISTA
CAPPELLA OF GRAND JUNCTION
Sunny Vista Senior Living is expanding its upscale campus by adding assisted living and memory support apartments.
Located on the Rockies’ Western Slope, this vibrant community celebrates ideas and possibilities.
An upscale community located in Northern Colorado Springs. Offering stunning views and outdoor experiences.
Community mix includes: • 40 Assisted Living • 26 Memory Support
Community mix includes: • 57 Assisted Living • 22 Memory Support
For-profit New development Opening Summer 2017
For-profit New development Opening Spring 2018
Additions include: • 38 Assisted Living • 28 Memory Support Not-for-profit New development Opening Fall 2017
MELODY LIVING
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Relevant Experience through CLC
CLERMONT PARK RETIREMENT COMMUNITY
SOMEREN GLEN RETIREMENT COMMUNITY
HOLLY CREEK RETIREMENT COMMUNITY
(Life Plan Community)
(Life Plan Community)
Community mix includes: • 167 Independent Living • 17 Assisted Living • 18 Memory Support • 53 Skilled Nursing • 10 Rehabilitation
Community mix includes: • 72 Independent Living • 77 Assisted Living • 2 6 Skilled Memory Support • 53 Skilled Nursing • 13 Rehabilitation
Community mix includes: • 198 Independent Living • 2 1 Independent Living Cottages • 28 Assisted Living • 12 Memory Support • 14 Skilled Nursing • 10 Rehabilitation
Development Cost: $6.6M Redevelopment Cost: $9.6M
Development Cost: $45M Redevelopment Cost: $42M
Development Cost: $600,000 Redevelopment Cost: $77.1M
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(Life Plan Community)
DAYSPRING VILLA Dayspring is a vibrant, friendly place that values diversity, dignity, respect and caring. Built in 1996, Dayspring Villa is proud to continue the tradition of service to the Denver community. Community mix includes: • 71 Assisted Living
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Meet Your Project Team
CAMILLE BURKE
President, Cappella Living Solutions
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JILL VITALE-AUSSEM
JEFF TROUT
Chief Operating Officer, Cappella Living Solutions
Vice President of Finance, Cappella Living Solutions
MARTI DiTARANTO
TERESA PARISH
Regional Marketing & Sales Director, Cappella Living Solutions
Project Manager, Cappella Living Solutions
Residents enjoy tennis at Holly Creek
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Case Study: Bella Vita A powerful blend of proven sales processes, cultural transformation and operational excellence ignites a barely surviving entity into an empowered and vibrant community.
1 Year Later
• 100% occupancy • R evenue +17%
Original status: • 85% occupancy • Rent discounts to secure residents
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Cappella Living Solutions takes the reins • P laces interim director with strong sales and marketing experience • D iscounts eliminated
Much needed changes initiated • Implements lead management system • Surveys residents and prospects • Implements new marketing and advertising strategies • Sales and hospitality training
•N et operating Community begins to margin +29% grow and thrive • Culture of operational excellence created • Permanent director placed who is innovative/ customer service focused • Community pride flourishes
Bella Vita apartment interior
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References Casey’s Pond | Steamboat Springs, CO Accomplishments Within 1st Year of Management
OCCUPANCY
FINANCIAL OUTCOMES
CLIENT SATISFACTION
• Overall occupancy improvement of
• Revenue increased by
• Residents who would recommend Casey’s Pond to others rose
10%
• Medicare A occupancy improvement of
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30%
16%
• Net operating margin improvement of
161%
10%
MANAGEMENT Dennis Witte Owner Bella Vita Aurora, CO | 303.881.1350
DEVELOPMENT & DESIGN | MANAGEMENT Janet Burns CEO Sunny Vista Living Center Colorado Springs, CO | 719.337.8900
MANAGEMENT Chuck Parsons Board Chairman Casey’s Pond Steamboat Springs, CO | 970.846.2049
DEVELOPMENT & DESIGN | MANAGEMENT John Reinsma VP of Real Estate Confluent Development Denver, CO | 303.815.9403
CONSULTING | FINANCIAL PRO FORMA Iggi Chau Senior Project Manager AEG Los Angeles, CA | 310.210.8822
DEVELOPMENT & DESIGN | MANAGEMENT Laura Hester Vice President of Senior Housing Cedarwood Development Akron, OH | 586.737.7500 19
Our purpose: Our passion is to inspire a world of possibilities in senior living through experienced leadership and strategic insight that ignites a culture of success and transforms the way the world views aging.
7000 E. Belleview Ave., Suite 150, Greenwood Village, CO 80111 720.684.4600 | CappellaLiving.com
