Living in Your Assisted Living Facility

I’m sure there are many assisted living providers who feel like they live in their facilities. After all, you may already spend most of your waking hours there. But there are some providers who actually live in their facility, or at least in the same property. When our company opened its first little 8 bed […]

What’s My Facility Worth?

It’s probably not surprising that the most common question we’re asked is: What is my facility worth? While we have talked about this question in other newsletters, it’s time for a refresher. Real estate appraisers use three approaches in determining value: income, comparable sales, and replacement cost.  For most buyers and lenders, the income approach […]