Our Senior Care experience spans the full range
of product in the market from age-restricted apartment buildings
(often referred
to
as independent living facilities) to assisted living and nursing
home care (both skilled and unskilled). We are very familiar
with the state programs for most of the Midwest regarding reimbursement
rates. In addition to appraisals completed for financial institutions,
the firm has completed a number of assignments under HUD’s
MAP lending program for both Section 232 and Section 236 deals
where we incorporate a three tiered approach for completion of
the appraisal,
market study and supporting forms. We have worked throughout the
Midwest with operators such as the Alden Group, Care Centers and
Sunrise Assisted Living.
Properties appraised