Presentation Title
Valuation Issues with Continuing Care Retirement Communities
Brief Session Description
The valuation of not-for-profit, entrance fee Continuing Care Retirement Communities presents issues not typically accounted for when using the income and cost approaches. Economic obsolescence in the cost approach and the treatment of the entrance fee in the income approach can produce large disparities in a conclusion of value. This presentation will look at several methods to resolve these issues.
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Location
L 100 AB
Start Date
9-24-2018 2:45 PM
End Date
9-24-2018 3:45 PM
Moderator Name
Valerie Cottreau, AMAA, City of Airdrie, AB
Valuation Issues with Continuing Care Retirement Communities
L 100 AB
The valuation of not-for-profit, entrance fee Continuing Care Retirement Communities presents issues not typically accounted for when using the income and cost approaches. Economic obsolescence in the cost approach and the treatment of the entrance fee in the income approach can produce large disparities in a conclusion of value. This presentation will look at several methods to resolve these issues.
