At a certain age, virtually any type property will become obsolete. Thus, at what age is it for Senior Living and Skilled Nursing Facilities? I believe it is more a matter of functionality than age. In today’s competitive world, Assisted Living Communities that are older converted Skilled Nursing Facilities tend to have challenges in keeping […]
Recently, I spoke at the Washington Healthcare Association’s (WHCA) annual conference. I have spoken there three times on the general state of the senior housing and skilled nursing sales market. For the first time, I had to say that the data shows that pricing has peaked. According to the National Investment Center (NIC), prices peaked […]
According to the Senior Care Acquisition Report 2016, the average price per unit for Assisted Living Facilities in 2015 was $189,200 and for Independent Living Facilities it was $192,900. However, is this really a good metric for valuing a senior living community? In 2015 the average price per unit for Class A Independent Living Facilities […]
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Over the past several years, interest rates have remained extremely low. The 10 year US Treasury rate (a common benchmark for financial instruments) reached an all-time low in July, 2012, at 1.53% and today is around 1.8%, the Federal Funds Rate has been close to 0% for years and the Fed made its first rate […]
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