Presenter Information

Brian Johnson, Pima County, AZFollow

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.

Presentation Category

Real Property

Audience Expertise

Intermediate (Ideal for the participant with a general knowledge within the areas covered.)

Location

L 100 AB

Start Date

24-9-2018 2:45 PM

End Date

24-9-2018 3:45 PM

Moderator

Valerie Cottreau, AMAA, City of Airdrie, AB

Available for download on Thursday, November 01, 2018

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Sep 24th, 2:45 PM Sep 24th, 3:45 PM

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.