Valuation of Continuing Care Retirement Communities: Worth Another Look

摘要

Continuing care retirement communities (CCRCs) are businesses in which real estate plays only a minor role. Unless distressed, they typically are traded as going concerns. An appraisal of only the real estate or an allocation of the component parts, o n the other hand, is often needed for real estate assessment appeals or condemnation assignments. These valuation assignments involve issues and require techniques uncommon in the more conventional appraisal.