ATLANTA (PRWEB) June 04, 2019
zumBrunnen, Inc., an independent building consulting firm, is co-presenting an educational session at the LeadingAge Washington Annual Conference. The conference is being held June 9-12, 2019 in Blaine, WA.
Capital Reserve Budget Planning for Maintaining Existing Facilities and Its Role in the Acquisition of New Facilities - Wednesday, June 12, 2019 - Session 4:
Doug McMillan, P.E., President of zumBrunnen and Dayle Krahn, Vice President of Property Maintenance & Development for Baptist Housing are co-presenting an educational session on capital reserve budget planning. This session focuses on how Baptist Housing successfully utilizes capital budget planning to keep their facilities adequately funded, as well as how they approach the acquisition of facilities as it relates to the physical assessment of the facility.
This session will explain why senior living communities with aging facilities face special challenges in budgeting for the future. Attendees will learn how expenses can compound rapidly in older buildings and why this often leaves owners without adequate funds to fix problems. The session will show why capital reserve budgeting is a significant tool in keeping communities up to par and how it is also useful for owners who are in the process of acquiring existing facilities.
About Doug McMillan, P.E.:
Doug McMillan, P.E., is President of zumBrunnen, Inc. He began his engineering career in 1980, and he joined zumBrunnen in 1998. McMillan received his Bachelor of Science degree in Civil Engineering from the Georgia Institute of Technology in Atlanta, GA. He is a former Resident Engineer with the U.S. Army Corps of Engineers, and he is a member of the Society of American Military Engineers (SAME) and the American Society of Civil Engineers (ASCE). McMillan is a licensed professional Civil Engineer in the state of California.
“For 30 years, our firm has partnered with hundreds of senior living providers assisting them in evaluating buildings, creating accurate budgets and successfully managing their facilities,” said McMillan. “Our senior living clients trust our team to help them with reserve studies, property condition assessments, capital replacement planning, construction monitoring and other specialized facility-related services. We enjoy helping our senior living clients maximize the value of their facilities, and we are proud to be active members of LeadingAge.”
LeadingAge is an association of over 6,000 not-for-profit organizations dedicated to expanding the world of possibilities for aging. LeadingAge strives to advance policies, promote practices and conduct research that supports, enables and empowers people to live fully as they age. LeadingAge’s members offer a continuum of aging services including: adult day services, home health, community services, senior housing, assisted living residences, continuing care retirement communities and nursing homes. For more information, please visit http://www.LeadingAge.org.
About zumBrunnen, Inc.:
zumBrunnen, Inc. was founded in 1989. With offices in Atlanta, GA, Charlotte, NC and Johnson City, TN, the firm specializes in long-range capital replacement planning, reserve studies, reserve study updates, property condition assessments, facility condition assessments, construction consulting, construction monitoring and other building-related services for a diverse list of national and international 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 “life 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, educational, multi-family, student housing, healthcare, institutional, mixed use, retail, office, warehouse, industrial, hospitality and public assembly. The firm is involved with several professional trade associations including LeadingAge (at a national level), LeadingAge North Carolina and LeadingAge Georgia. For more information, please visit http://www.zumbrunnen.com.