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Defying Conventional Wisdom: A Mixed-Use Intergenerational Housing Success Story Billy Pettit, Vice President
 
Snapshot ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Who We Are ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Awards ,[object Object],[object Object],[object Object],[object Object]
Vision: Create a Unique Product Directed at Specific Seniors Source: ProMatura Group, LLC
UNIVERSITY OF WASHINGTON SITE UNIVERSITY VILLAGE SHOPPING CENTER DOWNTOWN SEATTLE
Mixed Use Development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The University – an Intergenerational Campus
 
Project Statistics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Capitalization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Intergenerational Living ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Success: Development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Success: Financial & Operational ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Revenue by Component (TTM) Current Revenue % of Total Merrill Gardens - 69.8% $  5,471,693  69.8% The Corydon - Apartment - 20.3% $  1,590,591  20.3% The Corydon - Retail - 9.9% $  773,780  9.9% Total $  7,836,064  100.0%
Occupancy Metrics Sources: NMHC; Dupre and Scott; NIC MAP; US Census  * Properties opened April 2009
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Success: Community
Success: Business Model ,[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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