CALABASAS PROJECT UPDATE - AUGUST 9, 2017 - City of Calabasas
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About Belmont Village – Company Overview Background • Belmont Village Senior Living is a fully integrated, best-in-class Quick Facts developer, owner and operator of high quality independent living, • Over 3,000 employees with assisted living and memory care communities for seniors. 95 corporate associates • We are known for our innovative, research-based programming— • Over $2 billion portfolio particularly in the burgeoning area of memory fitness and care—and value have numerous successful affiliations and collaborations with academic institutions. • 26 properties with 3,600+ units, all operated by Belmont and co-owned by Belmont with institutional partners Portfolio • We have developed over two dozen communities throughout the • We only manage what we U.S., including 12 in California. Every building is purpose-built with build and still own every institutional grade, non-combustible construction with high-quality asset we have ever built. finishes. • We currently have an active pipeline of three additional starts in 2017. 3
Our Product – What We Do Belmont Village is in the business of providing Independent Living, Assisted Living and Memory Care for seniors. Belmont Village’s Focus Residential Independent Assisted Mild Cognitive Alzheimer’s Skilled Retirement Living Living Impairment Disease Nursing Villages • Active, mobile • Healthy, but frail • Beginning stages • Cognitive • Ill and frail of cognitive impairment • Age-restricted • Lifestyle • Recreational & • Full medical impairment activities therapeutic • Specialized care care required • Resort-like activities • Proprietary required amenities • No support • Government programming to • Daily living • Mild to medium reimbursed • Private pay focus on the Six support acuity Domains of • Need-driven mental fitness • Private pay • Private pay • Private pay 5
Belmont Village Calabasas Hospitality & Amenities Belmont Village • Exterior dining patio and garden terrace Calabasas will offer • Chef-prepared dining with 24 daily choices 140 units of Assisted • Professionally supervised fitness center • Fully-equipped salon with services for men and Living, Circle of Friends women and Memory care. • Free scheduled transportation • Shuttle service • Enriching programs and lifelong learning Units types include opportunities Studios, 1-bedrooms • Wi-Fi throughout the building • Studio, 1- and 2-bedroom residence plans and 2-bedrooms. • Housekeeping services Health and Wellness • Licensed nurse and well-trained staff on-site 24/7 • Medication management • Assistance with activities of daily living • Diabetes Center of Excellence • On-site rehab therapy services available • Short-term respite and transitional stays • Whole Brain Fitness lifestyle • Circle of Friends program for early memory loss • Person-Centered Memory Care • No buy-in or long-term contract required 6
Anticipated Project Schedule September 2017 – Marketing Center Opens UPCOMING February 2018 – Anticipated Substantial Completion MILESTONES March 2018 – Licensing & Grand Opening 7
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