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 […]
I ran across this article that attempted to draw the conclusion that nursing home sales are bad for the industry and results in poor quality. I think not. Repeated nursing home sales linked to poor quality We often sell nursing homes that are in trouble and need a new owner. The residents need a nursing […]
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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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Increasing the minimum wage will obviously have an impact on the overall economy. Senior Living Investment Brokerage, Inc. is concerned with how such an increase will change the nursing home and senior living market. It is competitive for quality staff. If minimum wage increases will workers making the same money choose a job in the […]
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