Success Is Where Preparation and Opportunity Meet

March 11, 2020 — Acadia Senior Living, LLC is retained by an Atlanta-based not-for-profit developer of affordable multi-family communities to provide site selection services in Alabama. The not-for-profit client intends to construct multi-family developments for the elderly.

Based on guidelines in the 2021 Draft Qualified Allocation Plan as provided by the Alabama Housing Finance Authority, ASL is in the process of identifying up to four sites throughout Alabama that will meet the client’s development criteria and which will achieve high enough scores to be awarded low-income housing tax credits (LIHTCs) in the Summer of 2021.

October 10, 2019 — Acadia Senior Living, LLC is retained by an Atlanta-based owner / operator of senior housing communities to assist in the completion of due diligence work as part of the owner / operator’s acquisition of five senior housing communities in the state of Louisiana.

The acquisition of these five communities was the owner/operator’s initial venture into Louisiana, and they closed on this transaction in January 2020. It is anticipated that ASL will continue to work with the owner/operator as they expand their footprint in Louisiana and neighboring states.

February 7, 2019 — Acadia Senior Living, LLC is retained by an Atlanta-based not-for-profit developer of affordable multi-family communities to provide site selection services in Louisiana. The not-for-profit client intends to construct multi-family developments for the elderly.

Based on guidelines in the 2019 Final Qualified Allocation Plan as provided by the Louisiana Housing Corporation, ASL was able to identify two sites that met the client’s development criteria and which achieved high enough scores to be awarded low-income housing tax credits (LIHTCs) in the Spring of 2020. Ground-breaking for both communities is projected for the Fall of 2020 and construction is expected to be completed within 12 months for both developments.

September 4, 2018 — Acadia Senior Living has been retained as a development consultant on a proposed senior housing community in South Louisiana.  Services to be provided also include a review of the local market and an analysis of supply and demand factors in order to determine whether or not there is sufficient demand to support the development of this community.

May 15, 2018 — Acadia Senior Living, LLC is retained by an Atlanta-based not-for-profit developer of affordable multi-family communities to provide site selection services in Louisiana. The not-for-profit client intends to construct multi-family developments for the elderly.

Based on guidelines in the 2017 Final Qualified Allocation Plan as provided by the Louisiana Housing Corporation, ASL was able to identify a site that met the client’s development criteria and which achieved a high enough score to be awarded low-income housing tax credits (LIHTCs) in the Fall of 2017. Ground-breaking occurred in June 2018 and construction completed in mid-2019.

May 4, 2018 — Acadia Senior Living, LLC is retained by Tanner Health System based in Georgia to provide ongoing consultation services in conjunction with their establishment of an internal Senior Housing division.

After an extensive search, Acadia Senior Living successfully identified three senior housing owner/operators as candidates to work with Tanner Health in order to help them achieve their goal of starting their internal senior housing division. Acadia Senior Living continued to consult with Tanner towards achieving their goal of a Spring 2019 start-up date for their new venture.

December 15, 2016 — The mission of Acadia Senior Living is to be a premier provider of senior housing consulting services in addition to developing the highest quality market rate, senior housing communities in the Southeastern United States.

As a part of our mission, Acadia Senior Living will —

• Provide quality objective consultation services in a timely manner and at a reasonable cost to you, our client.
• Provide development services in order to assist partners and you as our client in attaining maximized asset values and profits.
• Provide our employees with unparalleled opportunities for personal and professional development.

June 15, 2016 — Acadia Senior Living was retained to complete a market study which indicated sufficient demand in the Primary Market Area to support the construction of a senior housing community. The owner of the property has since partnered with a local senior housing operator to construct a multi-story independent living community. Acadia Senior Living has been retained as a development consultant for the project.