Appraisal of Assisted Living Facilities has earned an average of 4.27 out of 5 stars from 217 ratings.
This course is developed specifically for the commercial appraiser who wants to branch out into the specialty of appraising existing assisted living facilities. The initial chapters give the appraiser a foundation in the assisted living market and explore the factors that influence supply and demand. The Sales Comparison Approach material addresses how the adjustments are unique to assisted living or adapted to assisted living.
The two Income Approach chapters familiarize the appraiser with the estimation of income, expenses, and capital expenditures specific to assisted living facilities and applying the Income Approach to both stabilized and un-stabilized assisted living facilities.
The course assumes that the student appraiser has training and working knowledge in the Sales Comparison Approach and the Income Approach, including Discounted Cash Flow analysis. This course ties that training to the specialty of assisted living facility appraisal.