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We are in the business
of success.
Crown Research
was incorporated in 1975 to assist sponsors, developers, and operators
of services and facilities nationally. To date, we have served over 350
clients with projects in 43 states and provinces, and the list is growing.
The principals at Crown Research collectively have over 70 years experience
in the industry. These key staff members have served as management/development
consultants, financial advisors, administrators, and marketing specialists
within this highly unique industry.
Crown Research
is regularly retained by clients to explore the feasibility potential
of both existing and proposed retirement communities. Crown has developed
a specialty in evaluating troubled projects. Clients for such studies
often include community operators and sponsors, proposed new sponsors,
lenders and potential lenders, and governmental regulatory agencies.
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While Crown
Research Corporation serves a wide range of retirement communities, including
for-profit and not-for-profit health facilities, rentals, condominiums,
cooperatives, etc., it has become particularly well-recognized as an authority
on Continuing Care Retirement Communities (generally referred to as CCRCs).
Since CCRCs constitute a regulated industry in most states, a significant
portion of the work Crown Research does is geared to satisfying the regulatory
requirements of various states. Arizona, California, Colorado, Florida,
Illinois, Michigan, Minnesota, New York, Ohio, Oregon, Pennsylvania, and
Washington are representative states that regulate CCRCs.
Crown Research
Corporation's work in the regulatory field has generated contracts with
California's Department of Social Services to review and evaluate applications
for licenses to operate CCRCs. Additionally, principals of Crown Research
have served on Oregon's CCRC Advisory Board, a local health facility finance
authority, a municipal planning commission, and the Healthcare Financial
Management Association. This experience has equipped Crown to deal with
a variety of situations and agencies on behalf of our clients.
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