The Challenges of Appraising Residential Alzheimer's Assisted Living Facilities.

abstract

In the early 1990s assisted living facilities began to fill the gap between skilled nursing facilities and retirement facilities. Assisted living facilities have become more common, and some appraisers have become highly skilled at the techniques of appraising these properties. A new type of facility emerged rapidly in the early 1990s. Residential Alzheimer's assisted living facilities are specialized assisted living facilities for residents with Alzheimer's or dementia. This article reviews some of the trends that influence assisted living generally, discusse