Ownership planning

2027 Goals Tracker

Ownership meeting, The Junto, Oct 6 and 7, 2026Built Oct 6, 2026 from the department submissions. Quarterly actuals fill in as each department reports.

45 goals across 9 departments; 20 have no baseline yet

Each department's five goals as submitted, with the measure it named, where the number lives, the baseline status, and a column per quarter for the actual. Baseline status is read from the submission: "No baseline" means the department said it does not track the number today; "due Q1" means the submission commits to building it in Q1 2027. Decisions and investment signals are listed as written, with the date each department said it needs an answer.

JL notes, cross-cutting
  • Five departments have no baseline for their headline metric (Construction warranty, Realty incentives, PX turnover cost, Engagement spend, Marketing attribution). Those are percent-improvement goals on numbers that do not exist. Reframe as baseline by end of Q1 and build the baselines now from NetSuite, Smartsheet, Paycom and Toast.
  • Four departments asked for the same Finance project in different words: a NetSuite budget structure with department views (Dev F2, Engagement F1, PX F1, CM F2). Finance and Accounting did not submit a form and is the supporting department on most goals. Needs one owner.
  • Four departments asked for the same timeline visibility (Dev S1 and S2, Construction F1, Marketing F2, Engagement). One shared project timeline from the Smartsheet pre-development schedule and Procore answers all four.
  • Construction's entire 2027 depends on GVX-4OTL (December) and JP-10 (January) closing. Those are Capital Markets deliverables.
45
Goals
20
With a baseline
20
Baseline missing or due Q1
5
Partial baseline
25
Decisions for Ownership
DEV

Development

Form A · Steve Bollinger, Principal and EVP of Development
2027 themePre-development schedule management, so Development and Construction can hold start dates.
Has to go rightStart Westbend, the County site (4 on the Line) and Jeffrey Phase 10 (The Celia) in Q1 2027 or earlier.
JL notes
  • Slide 3 of the deck says Decisions: None. The form body lists five. Fix before the Development session.
  • F3 has three different targets across the form and deck (750+ units; 500-unit out-of-market; one multi-phase mega site). Pick one.
  • The theme is pre-development schedule management and nothing in the form measures it. Claude: phase-gate planned-vs-actual tracker from the Smartsheet schedules.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Start Westbend, the County site and Jeffrey Phase 10 in Q1 2027 or earlier.
Size: 889 units; about $14M of equity across two raises ($8M County, $6M Phase 10) · Owner: Development; Capital Markets
JLThe $8M County equity needs a definition. The July 4 on the Line proforma sized the loan to 1.25x DSCR (about $54M, 78% LTC) and land value covered the roughly $8.1M equity line with no cash needed. Since then the $6.35M land basis went on the Kish A&D loan. Is $8M gross or cash after land value and the A&D takeout? LP-vs-pref is only a live decision if it is cash.
Start dates against the pre-development schedule; cost basis and draws; lease-up and achieved rents once delivering
Source: Smartsheet, NetSuite, Entrata · Cadence: Monthly through start, then monthly on construction, quarterly on rents
Early signal: County schedule not issued by end of January means the Q1 start is gone
Baseline exists
F2
Rebuild the development budget so every department sees and owns its lines, with small, medium and large templates usable at underwriting.
Size: Three templates; department-level view on every project under construction · Owner: Development; Finance and Accounting
JLClaude: draft the small, medium and large templates with NetSuite account mapping built in, and a department-view script that reads actuals back against the same lines.
New projects budget from a template at underwriting; departments confirm their lines before start; actuals roll up to the same structure
Source: NetSuite · Cadence: At underwriting and at start on each project; quarterly budget vs actual by department
Early signal: If the first template does not survive Community Management and Finance, rebuild before rollout
No baseline
F3
Sign LOIs on 750 or more units, inside or outside Columbus, and start one to two projects over $20M beyond the three carryovers.
Size: 750+ units under signed LOI in 2027 · Owner: Development; Capital Markets; Ownership on market selection
JLClaude: LOI pipeline tracker by unit and market; target-market shortlist by end of Q1 is the early signal, build the shortlist now.
Signed LOIs counted by unit; starts over $20M against the development schedule
Source: Pipeline tracker, development schedule · Cadence: Quarterly against the pipeline
Early signal: No shortlisted target markets by end of Q1 puts the out-of-market target at risk
Baseline exists
S1
Run the meeting cadence inside Thrive so Development and the other departments work to one set of project timelines.
Size: Not sized · Owner: Development; all departments in the cadence
JLUnsized, no owner on the slide, and the same goal as S2 with the audience changed. Merge or give it its own check.
Planned vs actual on each phase gate out of the operations meeting; attendance of the people the cadence names
Source: Operations meeting, Smartsheet · Cadence: Operations meeting cadence; quarterly planned vs actual by phase
Early signal: County and Westbend timelines not reviewed in the operations meeting by end of Q1
No baseline
S2
Run the project cadence with outside partners inside it, so they know the timeline, what is needed from them and who owns each piece.
Size: Starts with the County site and Westbend community center, then all active projects · Owner: Development; Brand and Marketing; Interior Design; Construction; Community Management
JLNothing new is needed by their own account. The risk is the cadence slipping when projects get busy, which is exactly what the tracker would show.
Planned vs actual on each phase gate; whether partners had the timeline and deliverable dates before work started
Source: Operations meeting, Smartsheet · Cadence: Operations meeting cadence; quarterly planned vs actual by phase
Early signal: Same as S1
No baseline

Decisions needed from Ownership

  • LP or preferred equity on the $8M County raise; neither modeled yet. Needed: Before the County raise goes to market · Goal F1
  • Whether 70% loan to cost stays the constraint if rents soften, or DSCR. Needed: Before the County raise goes to market · Goal F1
  • How Thrive fees and allocated operating costs are treated inside a project budget. Needed: Before the 2027 budgets are built · Goal F2
  • Which markets outside Columbus Thrive will enter, and the pursuit budget before anything is signed. Needed: Early 2027 · Goal F3
  • Whether the meeting cadence is binding across departments rather than a Development request. Needed: Q1 2027 · Goal S1, S2

Preliminary investment signal

  • About $14M of equity across two raises (County $8M, Phase 10 $6M); Westbend handled separately
  • Out-of-market pursuit costs, order of magnitude to confirm; possible headcount if pursuit becomes standing
CON

Construction

Form A · Mike Hall and Eric Hibner
2027 themeStart and deliver site and vertical construction phases on time and under budget.
Has to go rightAccuracy in projections: projects fund and start when projected.
JL notes
  • The ~$14K QA punch list app: neither build nor buy yet. Procore already has Punch List and Inspections and four jobs use them four different ways. Standardize first. See the punch dashboard at thrive-construction-punch.pages.dev and the Michael simulation.
  • Ask Mike and Eric: which app, and is it the one already generating the unit PDFs attached to Procore items on The Michael? If so, push its items into Procore via API instead of attaching PDFs.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Maximize net income by meeting monthly revenue, vendor rebate and cost of sales targets while keeping overhead low.
Size: $100M to $120M revenue; $3.0M to $3.6M net income · Owner: Construction; CIO on loan closings; Development; Realty
JLA forecast, not a goal: $3.0M to $3.6M on $100M to $120M is a 2.5% to 3.6% margin, flat to down from a year they call among the lowest since 2021, and the whole range hangs on two loan closings Construction does not control.
NetSuite, Procore budgets and schedules, WIP report
Source: NetSuite, Procore · Cadence: Weekly project reviews; monthly with the Construction Controller
Early signal: GVX-4OTL loan close Dec 2026 and JP-10 Jan 2027; any slip moves revenue and net income
Baseline exists
F2
Hold payroll flat and cut one month from each job schedule to reduce interest carry.
Size: Payroll $6.0M to $6.1M; about $60K interest savings on the line · Owner: Construction; Development on pipeline
JLUnderstates its own case. One month off every schedule is quoted as about $60K of interest on Construction's line. The owner-side carry on $50M to $70M of average outstanding construction debt at about 7% is roughly $300K to $400K per month saved. Claim it.
Payroll on the NetSuite income statement; Schedule Milestone Comparison Report
Source: NetSuite, Procore · Cadence: Weekly milestones; monthly expenses; quarterly staffing
Early signal: Delayed funding slows progress and raises overhead and interest
Baseline exists
F3
Reduce warranty spend through higher construction quality and Business Partner accountability.
Size: Down 15% (about $34K to $38K) from $225K to $250K, to $191K to $213K · Owner: Construction; Business Partners; Design and Development; Facilities and Community Management
JLNo baseline, by their own admission, and the NetSuite report that would measure it does not exist. Build it now by vendor so Q1 is the baseline and Business Partner accountability has teeth. Michael cabinet punch: 27 of 46 defects were the same drawer-alignment issue, one vendor conversation before Bldg W, X and 4 on the Line cabinets are bought out.
NetSuite warranty report after closeout, split true warranty vs customer relations vs missed cost; monthly review of CM and Facilities service requests
Source: NetSuite (report being built), Entrata service requests · Cadence: Monthly against budget
Early signal: Warranty spend has not been tracked well; 2027 sets the benchmark
Baseline due Q1 2027
S1
Build consistent processes from pre-construction through closeout and handoff to Community Management and Homeowners.
Size: Construction Operations Manager full year; about $14K per year QA and punch list app under evaluation · Owner: Construction Operations Manager; Development, Realty, Community Management
JLLive Procore read today: 1,242 open punch items across 28 jobs, 1,121 past due, 128 inspection lists with none dated in the last 30 days and 49 closed with items left not inspected. The convention is the problem, not the tool.
Workleap Team Member surveys; online reviews at finished communities
Source: Workleap, reputation data, Procore · Cadence: Bi-weekly check-ins on the Ops Manager's top three priorities
Early signal: Buy-in from the construction team
No baseline
S2
Pay Business Partners consistently within 45 to 60 days of invoice receipt.
Size: Fewer past-due items on aging reports · Owner: Construction; Development and CIO on funding
JLTheir own text: usually driven by funding issues rather than our internal payment process. Belongs with Development and Capital Markets or it is not a Construction goal. Claude: invoice-receipt-to-check report from NetSuite by project and funding source.
AP and Business Partner aging; report of time from invoice receipt to check issued (being built)
Source: NetSuite · Cadence: Monthly aging and bill approval duration review
Early signal: Funding must be in place before work is billed
Baseline due Q1 2027

Decisions needed from Ownership

  • Confirm loan closing dates for GVX-4OTL (December 2026) and JP-10 (January 2027). Needed: Before detailed 2027 budgets are built · Goal F1
  • Whether to add a Quality Assurance Manager, potentially shared with Community Management. Needed: 2027 budget season · Goal F3, S1

Preliminary investment signal

  • About $14K per year for a quality assurance and punch list app
  • Full-year salary for the Construction Operations Manager added late 2026; payroll held flat at $6.0M to $6.1M
  • No added headcount planned
RLT

Realty

Form A · Rudy Wesolek, Partner and SVP of Realty
2027 themeRemove friction from first inquiry through closing; price, market and plan with timely, accurate data.
Has to go rightGenerate more qualified leads.
JL notes
  • Strongest submission in the packet: baselines, ranges, early signals and real decisions.
  • S2 assumes Thrive publishes real option pricing publicly. That is an Ownership decision and it is not on the decisions list.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Increase brokerage fee revenue 10 to 20%.
Size: 40 to 45 closings; $1.34M to $1.46M fee revenue (2026 estimate: 38 closings, $28M sales, $1.22M fee) · Owner: SVP of Realty; Development, Construction, Purchasing, Design, Marketing, Accounting
JLDecision 1 (marketing as a percent of new sales) needs spend per lead and per contract from HubSpot first. Claude can produce that before Q1.
Closings and sales in Smartsheet; fee income in NetSuite
Source: Smartsheet, NetSuite · Cadence: Monthly
Early signal: Fewer than 10 to 12 inventory contracts by end of Q1 moves the range down
Baseline exists
F2
Hold fixed operating expenses within 5% of 2026 actual while increasing volume.
Size: Ceiling near $1,023,000 (2026 about $974,000) · Owner: SVP of Realty; Design, Purchasing, Accounting, Client Experience Associate
JLNo standalone product exists is an untested claim, and a $15K to $30K discovery is the wrong first step. A working Claude prototype on Purchasing's plan and option catalogue takes two to three weeks and the discovery becomes a reaction to something real.
Realty opex from the NetSuite department P&L; median days from contract to design selections complete
Source: NetSuite, Smartsheet · Cadence: Monthly
Early signal: Homes contracted in Q1 not reaching selections complete within 100 days
Baseline exists
F3
Hold total buyer incentives to no more than 2% of original list price across all product types.
Size: At or below 2%; on $30M of sales, 2% vs 4% is about $600K of sale price and $26K of fee · Owner: SVP of Realty; Purchasing, Development, Accounting
JLTracking gets built in Q1 per the form. It can exist this month: original list, closed price, every concession by type, reconciled to NetSuite.
Original list, closed price, every reduction, credit, buydown and free option by product type, reconciled to NetSuite
Source: Smartsheet (tracking to be built), NetSuite · Cadence: Quarterly by project entity; monthly on homes approaching a reduction
Early signal: No baseline exists; tracking gets built in Q1
Baseline due Q1 2027
S1
Narrow Client Experience Manager scope to selling by moving transaction coordination to the Client Experience Associate.
Size: More first appointments; conversion held at or above 40% · Owner: SVP of Realty; Legal, Marketing
JLHold them to the early signal: Client Experience Associate as coordinator of record on every new contract by end of Q1 or the handoff is not real.
First appointments per CEM and appointment-to-contract conversion from the HubSpot Realty Funnel dashboard; share of homes with the CEA as coordinator of record
Source: HubSpot · Cadence: Monthly
Early signal: CEA not coordinator of record on every new contract by end of Q1
Baseline exists
S2
Make it easier for buyers and agents to know who Thrive is, what it sells and what it costs.
Size: More agent-originated contracts · Owner: Realty; Marketing, Development, Legal
JLPublic plan, option and price page per community once pricing can be published; Realtor Partner Program materials. Both are Claude builds.
Search volume and direct web traffic; how prospects first heard of Thrive; agent-originated contracts share from HubSpot; lead to first appointment conversion
Source: HubSpot, web analytics · Cadence: Monthly on lead to appointment; quarterly on agent-originated
Early signal: Agents do not respond to the program
Partial baseline

Decisions needed from Ownership

  • Whether marketing is budgeted as a set percentage of projected new sales at the project entity level, and at what percentage (proposed 0.5 to 0.75%). Needed: Q1 2027 · Goal F1
  • Whether to fund the Q1 discovery and move off Buildertrend for design selections. Needed: Early 2027 · Goal F2
  • Whether inventory home maintenance and emergency response move out of Realty, and who owns it. Needed: 2027 budget season · Goal S1
  • An approval standard for price reductions and concessions: who approves and at what threshold. Needed: Q1 2027 · Goal F3

Preliminary investment signal

  • $15K to $30K: Q1 discovery for a design selections system (F2); build cost set after discovery
  • $10K to $20K: sales training and outside expertise (S1)
  • $5K to $10K: agent program, events and materials (S2)
  • No added headcount
CM

Community Management

Form A · Meagan Schreffler, Partner and SVP of Community Management
2027 themeBuild a foundation of basics.
Has to go rightA tech stack aligned to operations and business goals.
JL notes
  • Thinnest submission: template instruction text still in the cells, no sizes in the summary table, team count blank.
  • The one thing that has to go right (tech stack aligned to operations) has no specifics, no owner and no cost.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Grow other income per unit.
Size: $600 to $700 per unit today to $900 to $1,200 (industry benchmark $1,220 to $1,600) · Owner: Community Management; site teams, Directors, Asset Management, Accounting
JLThe one real, quantified gap: $600 to $700 per unit against a $1,220 to $1,600 benchmark. Push the conversation here. Claude: other income per unit by asset and by line from Entrata, monthly, with lease-expiration pacing.
Year over year at end of 2027; monthly Entrata financials for pacing
Source: Entrata · Cadence: Monthly financial review
Early signal: Team adoption of change
Baseline exists
F2
Manage turnover expense to within 5% of the 2027 budget.
Size: Currently 32% over budget; 27% to 37% improvement · Owner: Community Management; site and maintenance teams, Asset Management, Accounting
JL32% over budget today; the fix offered is PO routing plus a $10K consultant by February. Claude: make-ready board adherence check from Entrata now, without waiting on the consultant.
PO approval and routing; make-ready board adherence in Entrata; monthly financial reviews
Source: Entrata, NetSuite · Cadence: Weekly make-ready board; PO approvals three times a week; monthly financials
Early signal: POs submitted before any expense is scheduled
Baseline exists
F3
Improve NOI margin.
Size: 63% average across the portfolio (62% as of August) · Owner: Community Management; all departments touching the property P&L
JL62% to 63% portfolio average is a one-point move framed as a goal. Which assets are below and by how much?
Monthly property financials
Source: Entrata, NetSuite · Cadence: Quarterly decisions, monthly review
Early signal: Vendor management, preventative maintenance, utility management; waitlist adoption and new lease rollout
Baseline exists
S1
Streamline the onboarding process.
Size: Not sized · Owner: Community Management; HR, IT
JLNot sized. Depends on an agreed definition of good between HR, IT and CM that does not exist yet.
90-day reviews and an onboarding survey; feedback shared with hiring manager, HR and department lead
Source: Survey · Cadence: Per cohort
Early signal: Agreed definition of good between HR, IT and CM
No baseline
S2
Improve all site reputation metrics to market average.
Size: Not sized; about 25% adoption of 2026 reputation goals · Owner: Community Management; Marketing owns the system
JLHaving a system in place will do the heavy lifting here is buying software as a strategy; adoption of the 2026 goals was about 25% by their own estimate. A weekly review pull per site (Google, ILS), scored and trended, does most of what reputation software does without a per-site bill.
Reputation management system scores by site
Source: Reputation software (being sourced) · Cadence: Set by the system and implementation
Early signal: Implementation and SOPs
No baseline

Decisions needed from Ownership

  • Additional consultant spend on an updated PO and invoicing process, about $10K, completion by February. Needed: Now · Goal F2

Preliminary investment signal

  • Reputation management software, billed down to the sites by unit split
FB

Food and Beverage

Form A · Andrew Carroll, Senior Director of F&B; Nora O'Malley, SVP of Experience
2027 themeMove F&B from a division-wide operating loss to breakeven (excluding Thrive allocation) with a $1.1M events goal and continued cost and labor control at Bada.
Has to go rightBada Jeffrey Park's cost structure comes back in line (-$144K contribution YTD vs -$73K budget).
JL notes
  • Well-written and data-rich. Keep the two problems separate: Bada Jeffrey Park cost structure (-$144K YTD) is operating; the events miss is forecasting.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Grow F&B same-location revenue 3 to 5% year over year, anchored by a $1.1M events revenue goal across all locations.
Size: $1.1M events; about $248K already booked or likely for 2027 · Owner: F&B leadership; Engagement, Finance and Accounting, Marketing, Director of Events
JLAsks Ownership to re-approve the aggressive $1.1M events goal that caused the 2026 reforecast miss. $248K is booked, which is 23%. Ask for the bridge from $248K to $1.1M.
Weekly and monthly revenue; ticket averages and counts; event sales and close rates
Source: Toast, NetSuite · Cadence: Monthly against budget and reforecast; weekly analysis
Early signal: Bada-QT ramp, $248K converting, events pipeline keeping 2026 buyout pace
Baseline exists
F2
Bring Bada Italian Village and Bada Quarry Trails back to on-target cost performance; hold Collective GVX cost growth to revenue growth; build 1 to 2 points of cushion at Little Grand.
Size: Down 3 to 5 points of cost to revenue at Bada-IV and QT; LG down 1 to 2 points · Owner: F&B leadership; Finance and Accounting; site managers
JLClaude: weekly cost-to-revenue by location from NetSuite COGS and Toast, which removes the tedious week-to-week analysis from the Director's plate.
NetSuite COGS by location vs revenue, monthly; weekly sheets
Source: NetSuite, Toast · Cadence: Monthly in the Operations review; quarterly with Finance
Early signal: Input-cost inflation; manager turnover
Baseline exists
F3
Converge actual vs budget and reforecast so 2027 guidance holds all year.
Size: Reforecast swings within plus or minus 10% · Owner: F&B leadership and Finance and Accounting jointly
JLConflicts with F1 unless the $1.1M is built bottom-up. A stretch events number and a plus-or-minus 10% forecast cannot both be the goal.
Each reforecast vs the prior one and vs actuals; variance trend in the Operations review
Source: NetSuite · Cadence: Quarterly
Early signal: Shared reforecast methodology with Ownership
Baseline exists
S1
Fully stabilize F&B standards with documented training, ownership and playbooks so all locations operate as one unit.
Size: Current playbooks at every location; manager turnover down · Owner: F&B leadership; site managers
JLHeadcount flag buried in the signal: no Ops Manager backfill and a replacement chef partner at Little Grand. Neither is sized.
Completion rate of playbooks and onboarding materials; voluntary manager turnover; location performance grids
Source: Internal · Cadence: Quarterly
Early signal: Leadership turnover; short-staffing
Partial baseline
S2
Make event-anchored hospitality the default at every location, with welcoming, well-populated bar hours.
Size: 70%+ of programming nights with Engagement overlay; higher evening sales · Owner: F&B leadership; Engagement; Bada and Beverage Experience managers
JLCannot be measured until Engagement's dashboard and survey exist; that dependency is Engagement F2.
Engagement post-event survey scores; repeat attendance; locations with a recurring activation; evening daypart sales
Source: Engagement dashboard (being built), Toast · Cadence: Quarterly with Engagement; weekly bar checks
Early signal: Engagement dashboard and survey infrastructure must exist to measure this
No baseline

Decisions needed from Ownership

  • Whether Ownership wants an aggressive $1.1M 2027 events revenue goal again; the 2026 reforecast gap came mainly from the events goal. Needed: Budget season · Goal F1, F3

Preliminary investment signal

  • Marketing behind private events and programming; training on consistency and upselling (to scope with Finance)
  • Headcount: replacement chef partner at Little Grand; Ops Manager not backfilled slows extra revenue work
WEL

Wellness (The Athletic Cos.)

Form A · McKenzie Williams, Director of Wellness
2027 themeMove Quarry Trails and GVX toward breakeven while scaling the corporate-membership model proven at Founders (Battelle).
Has to go rightA credible path to breakeven at GVX, which ran about $70K in the red in 2026.
JL notes
  • Decisions say None but the body asks for cap-ex at Jeffrey Park (sauna, equipment) and promotions at non-facility properties. Those are asks.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Grow corporate membership and ancillary revenue by scaling the corporate model beyond Founders and growing personal training.
Size: Up $35K to $100K annually; Battelle adds about $42K a year · Owner: Wellness leadership; Legal; Finance and Accounting
JLOne corporate deal is the whole upside case. Battelle renews or not at January 31, 2027. Claude: corporate membership prospect list per gym.
NetSuite P&L by location; corporate membership count and revenue as its own line; personal trainer hiring
Source: NetSuite, membership software · Cadence: Monthly; quarterly with Finance
Early signal: Battelle renewal decision in Q1 2027 (initial term ends Jan 31, 2027)
Baseline exists
F2
Bring Quarry Trails and GVX to breakeven and protect margins at Founders and Jeffrey Park.
Size: Cost to revenue under 100% at QT and GVX; $43K Arch fee per gym removed in 2027 · Owner: Wellness leadership; Facilities; Finance and Accounting
JLBreakeven is mostly the Arch fee going away ($43K per gym, $86K total), not operations. Say so. GVX gap after the fee is about $27K.
NetSuite location P&L, facility and building cost lines
Source: NetSuite · Cadence: Monthly in the Operations review
Early signal: Cost to revenue still above 105% at either location at the Q1 close
Baseline exists
F3
Grow the Member base and improve net retention at every location.
Size: Net Member growth 15%; monthly churn from 4.9% to 3%; 3,988 active Members today · Owner: Wellness leadership; Brand and Marketing; Finance and Accounting
JLChurn 4.9% to 3.0% monthly is a 39% reduction with no lever sized; the most likely miss in the packet. Claude: churn cohort analysis from the membership export to find the lever before the budget is set.
Active Members, joins and cancellations by location from membership software; dues revenue by location
Source: Membership software, NetSuite · Cadence: Monthly churn and growth by location; quarterly with Finance
Early signal: Pricing holds; no new competing gym near QT or GVX
Baseline exists
S1
Formalize the staffing plan, define roles and document SOPs and policies at every location.
Size: 100% of core SOPs documented and staff trained; 90%+ on quarterly operations audits · Owner: Wellness leadership; People Experience
JLMostly writing. Claude can draft the SOPs from existing practice.
Internal audits; member satisfaction surveys
Source: Internal · Cadence: Quarterly
Early signal: Unplanned departures
No baseline
S2
Deliver a welcoming, engaging member and resident experience that keeps members longer.
Size: Yearly retention toward the 65 to 70% industry average (55% annualized today) · Owner: Wellness leadership; HR on staffing
JLIncreased is not a target on the slide; the body says retention toward 65% to 70%. Put the number on the slide.
Member retention, satisfaction surveys, resident participation
Source: Membership software, surveys · Cadence: Quarterly
Early signal: Staffing levels; survey response rates
Baseline exists

Decisions needed from Ownership

  • None listed. Body asks for promotions at non-facility properties and updated facilities at Jeffrey Park (sauna, equipment). Needed: Ongoing · Goal F3

Preliminary investment signal

  • Business development and legal time for more corporate-membership deals (not scoped)
  • Possible facilities and vendor cost review at Quarry Trails and GVX
  • No added headcount or capital
BM

Brand and Marketing

Form B · Ashley Owen, VP of Brand and Marketing
2027 themeDeliver returns on the 2026 restructure (team, agency, consolidated tech stack and websites) through strong lease-ups, lower cost per lease and accurate tracking.
Has to go rightLease-up delivery and supporting occupancy goals at stabilized properties.
JL notes
  • Slides go to Ownership with [X] in most targets. The Q4 data exists to fill them.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Keep stabilized cost per lease between $500 and $600 and lower paid digital cost per lead by 15%.
Size: 2026 YTD all-in cost per lease $570, $43 per lead; paid search CPL about $389, paid social about $396 · Owner: VP of Marketing; Finance and Accounting, Community Management, agency
JL2026 cost per lease is $570; the $500 to $600 target is hold, not lower. The 15% has to come from paid digital at $389 to $396 per lead.
Media plus agency fees divided by Entrata leases; Google Ads and Meta spend divided by Entrata leads from those sources; cost per lease by source
Source: Entrata lead source attribution, ad platforms · Cadence: Monthly; quarterly against Q4 2026 baseline
Early signal: Agency transition may soften paid performance 60 to 90 days
Baseline exists
F2
Support lease-up completion by delivering qualified leads every month until stabilization at a cumulative cost per lease at or below $750.
Size: 200 to 300 qualified leads per month per lease-up (today: The Michael 120, Rockpointe 70, Moore's Edge 50) · Owner: VP of Marketing; Community Management, Construction, agency
JLLeads pacing 50 to 120 per month against a 200 to 300 target; the $750 cumulative cost per lease needs delivery schedules from Construction, the same timeline problem as Development S1 and S2.
Leads per month by community; tour and lease rate by source; cumulative cost per lease since launch
Source: Entrata · Cadence: Monthly
Early signal: Delivery schedules hold; leasing teams have capacity
Baseline exists
F3
Increase the share of resident households visiting Bada and The Little Grand every 30 days, and grow private event inquiries.
Size: Bada 30-day resident visit rate 23.6% to 27% at Quarry Trails; Little Grand baseline to set; inquiry source captured on 100% by Q1 · Owner: VP of Marketing and F&B Marketing Manager; Experience owns the revenue
JLAlready a Claude build in progress: Toast guest book matched to the Entrata roster. Finish and host it; it is the resident visit rate for F&B too.
Toast guest book matched to the Entrata roster by phone number (script); bar sales from Toast; inquiries and sources from event forms
Source: Toast, Entrata, event forms (MCP connections to Claude being built) · Cadence: Monthly
Early signal: Only residents identified in Toast are counted
Partial baseline
S1
Complete the team restructure without losing delivery speed, with a development path for every Team Member.
Size: On-time delivery target to set; 100% with development plans · Owner: VP of Marketing; Human Resources
JLTargets are placeholders. On-time delivery and retention percentages should be set from the intake system before Q1.
On-time delivery from the intake system; development plans in Workleap; retention; quarterly stakeholder pulse
Source: Intake system, Workleap · Cadence: Quarterly
Early signal: Agency ramped within 60 to 90 days; tech consolidation lands
Targets still [X]
S2
One consistent brand per umbrella community, clear agency scopes, and a recommendation on Thrive brand integration by end of Q3 2027.
Size: Audit score and agency on-time targets to set · Owner: VP of Marketing; Community Management, Experience, Development, agencies
JLThrive brand integration recommendation by end of Q3 2027 with rollout costs in 2028 is a real Ownership decision; add it to the list.
Brand touchpoint audit score; agency on-time rate; revision rounds per project
Source: Quarterly brand audit, agency scorecard · Cadence: Quarterly audit; monthly agency scorecard
Early signal: Brand guidelines and Playbook finished; community teams adopt
Targets still [X]

Decisions needed from Ownership

  • Confirm the 2027 lease-up marketing budget per unit and the delivery schedule for each lease-up community. Needed: Before 2027 budgets · Goal F2
  • Approve a tracking investment if needed; amount not yet stated. Needed: 2027 · Goal F3

Preliminary investment signal

  • Tracking tools, amount to set; agency retainer change TBD
  • Headcount: net one fewer role (F&B Marketing Manager hired; VP of Digital eliminated; Marketing Ops not backfilled)
ENG

Engagement

Form B · Morgan Galvin, Senior Director of Engagement
2027 themeCross-department alignment: turn 2026 culture and engagement work into a program that measurably drives F&B revenue, Realty leads, resident retention and membership growth.
Has to go rightCross-department reporting infrastructure; Engagement hears about events days ahead.
JL notes
  • The one thing that has to go right (hearing about events days ahead) is a shared calendar problem, not a budget problem. Same visibility gap as Development S1 and S2 and Marketing F2.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Establish a tracked, standalone Engagement budget and cost center by mid-2027.
Size: Low six figures once salary, program spend and platform costs are consolidated · Owner: Engagement; Finance and Accounting
JLLow six figures with no number and no cost center; the same Finance ask as PX F1 and Development F2.
A standalone Engagement line in NetSuite, reviewed monthly
Source: NetSuite · Cadence: Monthly once established; quarterly with Finance
Early signal: Another year of informal, hard-to-evaluate spend
No baseline
F2
Prove Engagement's revenue and retention impact by building the Engagement Dashboard and reporting it every quarter.
Size: At least one hard number reported per quarter · Owner: Engagement; F&B, Realty, Wellness, Community Management; Finance and Accounting
JLThe form names Claude for this. The Engagement Dashboard (attendance, F&B lift on event nights, Realty leads, renewals, club membership) is a direct build.
Quarterly Impact Report with real attendance, spend, lead and renewal figures
Source: Engagement dashboard (Claude build), Toast, Entrata, HubSpot · Cadence: Per event; monthly vs renewal goals; quarterly
Early signal: Departments feed data consistently; Morgan has dashboard access
No baseline
F3
Launch and operate 10 to 15 clubs across Thrive brands that drive retention, ticket sales, Athletic membership and F&B revenue.
Size: 10 to 15 clubs in 2027, on top of 5 to 10 in 2026 · Owner: Engagement; Marketing, Community Management, Athletic, F&B
JLNo baseline on the 5 to 10 clubs for 2026 either; count the existing clubs before setting 10 to 15.
Club meetups at Bada and Little Grand and their revenue; repeat attendance; club list per property on the web
Source: Engagement dashboard, Toast · Cadence: Per event; quarterly recap
Early signal: Access to engaged residents through site staff
Partial baseline
S1
Build a team of Thrive ambassadors across departments to drive culture and act as engagement checks.
Size: Quarterly meetings; culture work put into practice · Owner: Engagement; all department heads
JLDepends entirely on department heads nominating people. No check an outsider could run.
Engagement Council cadence and attendance; cross-department coverage hours trending down
Source: Internal · Cadence: Quarterly
Early signal: Buy-in from department heads
No baseline
S2
Relaunch the Thrive Card with intention and strengthen community partnerships.
Size: Offerings up 40%, focus on Franklinton, New Albany, Hilliard · Owner: Engagement; Community Management, Brand
JLBandwango cannot measure usage; Toast can. The renewal pending evaluation means the evaluation is the deliverable.
Offerings count; team awareness; usage tracked through Toast; annual resident survey
Source: Bandwango, Toast, resident survey · Cadence: Quarterly; annual survey as anchor
Early signal: Bandwango cannot measure usage
Partial baseline

Decisions needed from Ownership

  • None listed in the submission.

Preliminary investment signal

  • Standalone department budget once defined, likely low six figures
  • Thrive Card and Bandwango renewal, pending evaluation
  • No added headcount (volunteer ambassadors)
PX

People Experience

Form B · Sarah Myers, VP of People Experience
2027 themeMove from reactive to repeatable: structure the team, data and processes to scale; give leaders a reliable path to hire, onboard and lead; bring discipline to people costs.
Has to go rightStrategic Goal 1 (Team): capacity and one accurate source of people data.
JL notes
  • Nine decisions, the most of any department. One is due next week (benefit plan changes by mid-October). The LMS sunsets March 2027 so that decision is a year-end item.
  • People Experience setting up new hires in systems because of limited IT support is an automation problem, not a headcount problem.
#Goal, size and ownerHow we would knowBaselineQ1 2027Q2 2027Q3 2027Q4 2027
F1
Establish Thrive's first dedicated People Experience budget, track costs, and find savings.
Size: Budget and baselines (HR cost per team member, cost per hire) set early 2027; headcount 176 to a projected 240 to 250 in 2026 · Owner: VP of People Experience; Finance and Accounting, HRIS vendors
JLClaude: HR technology spend inventory and cost per team member from NetSuite and vendor invoices as the baseline for the new cost center.
PX cost center in NetSuite with budget vs actual; HR technology spend per team member
Source: NetSuite · Cadence: Monthly budget vs actual; quarterly per-team-member and per-hire cost
Early signal: Budget must exist early in 2027
Baseline due Q1 2027
F2
Reduce the cost of avoidable turnover by measuring what it costs and minimizing early-tenure and regrettable departures.
Size: Cost model in H1; lower full-time voluntary and first-90-day turnover vs 2026 (about 30% through Q3, roughly 60 separations) · Owner: VP of People Experience; department heads, Finance and Accounting
JLSlated for H1 2027. Separations by team, location, tenure band, 90-day and regrettable flags can be built from Paycom and Toast exports in Q4 2026.
Quarterly turnover by segment and department; 90-day and first-year departures; regrettable flag; turnover cost model
Source: Paycom, Toast, exit interviews · Cadence: Quarterly dashboard and cost read-out
Early signal: Termination data cleaned and coded consistently by Q2
Baseline due Q1 2027
F3
Redesign benefit plans to support growth, recruiting and retention while lowering benefits cost per team member where appropriate.
Size: PPO added, HRA and non-qualified HDHP removed; HSA contributions reset; monthly invoice reconciliation; wellness participation up · Owner: VP of People Experience; Finance and Accounting, broker and carriers
JLBenefit plan decisions needed by mid-October; that is next week.
Employer benefit cost per team member from carrier invoices and NetSuite; reconciliation process in place; wellness participation
Source: Carrier invoices, NetSuite, Employee Navigator · Cadence: Monthly reconciliation; quarterly cost review; annual renewal strategy
Early signal: Enrollment shifts with the new plan are unpredictable until open enrollment closes
Baseline exists
S1
Build a People Experience team with the capacity, clear ownership and reliable data to keep pace with growth.
Size: +1 FTE by end of Q2 ($50K to $70K); summer intern ($8K to $10K); approval workflows by Q3 · Owner: VP of People Experience; Finance and Accounting, IT, Legal, department heads, COO
JLPart of the +1 FTE justification is manual provisioning and file cleanup. Claude: new-hire provisioning through Microsoft Graph (account, groups, licenses, Teams) from one intake form, with requisition and offer approvals in the same intake. Decide the FTE after that, not before.
FTE hired by end of Q2; data accuracy across Paycom, Toast, Workleap; personnel files standardized by Q3; access review done; SOPs for top processes by year end
Source: Paycom, Toast, Workleap · Cadence: Quarterly
Early signal: Hiring past Q2 delays everything else
No baseline
S2
Make hiring, onboarding and managing faster and easier for leaders.
Size: Time-to-fill baseline and reduction; manager trainings attended by 80%+ of managers; onboarding built for at least two departments · Owner: VP of People Experience; department heads, IT, Legal, Finance, Brand and Marketing, Engagement
JLTime-to-fill has no baseline; it can be computed from the ATS and Paycom history now rather than established early in the year.
Time to fill; hiring manager satisfaction survey; new-hire 90-day engagement; training attendance
Source: ATS (replacement planned), surveys · Cadence: Monthly recruiting metrics; ongoing surveys
Early signal: LMS decision in time for the March 2027 sunset
Baseline due Q1 2027

Decisions needed from Ownership

  • Additional 2027 benefit plan changes (dental, vision, ancillary). Needed: Mid-October 2026 · Goal F3
  • LMS replacement approach; current tool sunsets March 2027. Needed: End of 2026 · Goal F1, S2
  • Approve a dedicated 2027 People Experience budget and cost center. Needed: 2027 budget · Goal F1
  • Approve ATS replacement for 2027 implementation. Needed: 2027 budget · Goal S2
  • HRIS direction: possible vendor change or consolidation, 2027 implementation for 2028 go-live. Needed: 2027, on recommendation · Goal F1
  • Referral bonus program (amount, eligibility, payout timing), $5K to $10K. Needed: End of Q2 2027 for Q3 launch · Goal F2
  • Additional wellness program incentive budget, about $7K. Needed: 2027 budget · Goal F3
  • Approve +1 FTE (Q2 start) and a summer intern. Needed: 2027 budget · Goal S1
  • Direction on building approval workflows and who sits in them. Needed: Q1 2027 · Goal S1

Preliminary investment signal

  • LMS replacement about $10K to $20K; one-time HRIS implementation fees if consolidated
  • 1 FTE Q2 2027 about $50K to $70K; summer intern about $8K to $10K
  • Referral bonuses, wellness incentives, external manager training