Atlanta, GA – June 8, 2011 – zumBrunnen, Inc., an independent building consulting firm, is co-presenting an educational seminar titled “The Fundamentals of Strategic Capital Planning” on Friday, June 17 from 12:30 – 2:00 pm at the PANPHA Annual Conference in Hershey, PA. Tom Doyen, Director of Business Development for zumBrunnen, will co-present the session with Scott Townsley, Principal of ThirdAge, a Division of LarsonAllen.
Attendees will learn about the fundamentals of strategic capital planning. The session will focus on the importance of strategic capital replacement planning as senior living facilities continue to age and competitors enter the market. The session will explore ways to evaluate financial strength and capacity to access capital in light of market defend-ability and consumer demand. The session will also highlight philosophies and methodologies used to plan for long-term capital replacement planning and assessments.
“As senior living facilities continue to age, demographics shift and new competitors enter the market, the importance of long-term strategic capital planning becomes more critical,” explains Doyen. “Many providers have relied on short-term planning such as annual budgets and five-year capital plans to ensure adequate funding, but these methods do not take all the factors into consideration and can leave providers with budget shortfalls. Our presentation will demonstrate how 20+ year capital planning can help achieve long-term objectives and help providers make the critical decisions to either repair, renovate, reposition or even replace an entire community.”
PANPHA is an association of Pennsylvania nonprofit senior services providing members with advocacy, networking, news and education since 1963. The PANPHA Annual Conference and Exposition is being held June 15-17, 2011 at the Hershey Lodge and Convention Center in Hersey, PA. For more information, please visit www.panpha.org.
zumBrunnen, Inc. was founded in 1989. The Atlanta-based firm specializes in construction consulting, facility assessments, property condition assessments and long-range capital reserve planning services for a diverse list of national clients. The firm is also recognized for their proprietary FacilityForecast® Software System, a unique facilities condition assessment and budgeting tool designed to forecast and manage long-term capital replacement expenses and to provide custom reserve funding plans designed to their client’s business model.
The firm has completed notable projects in a variety of market sectors including senior living, healthcare, multi-family, educational, institutional, mixed use, retail, office, warehouse, industrial, hospitality and public assembly. In addition to involvement with PANPHA, the firm is also active in LeadingAge (formerly known as the American Association of Homes and Services for the Aging or AAHSA) and various other state chapters. The firm is also involved with the American Seniors Housing Association (ASHA), Coalition for Leadership in Aging Services (CLAS), Life Services Network (LSN), National Multi Housing Council (NMHC), Association of Professional Reserve Analysts (APRA), Community Associations Institute (CAI), Gwinnett Chamber of Commerce, North Carolina Association of Independent Schools (NCAIS) and the Southern Association of Independent Schools (SAIS).