CBRE’s Healthcare Valuation Group concentrates exclusively on seniors housing and medical office services throughout the U.S. Led by a highly-qualified group of MAI designated appraisers, our leadership team contains more than 65 years of combined experience in this space. We take pride in the long-term relationships that we build with each and every client that we serve, and are committed to the highest level of client service and ethical standards.
We offer a platform of integrated seniors housing and healthcare real estate services that is leveraged by the vast resources of CBRE. This platform includes a network of more than 800 appraisers with local presence in more than 90 major metro markets along with corporate-wide access to the most advanced information systems and analytical tools in the real estate industry. Unrivaled in our ability to convert rich market data into timely, relevant market intelligence, we strive to provide accurate and reliable valuations that are critical to the health of every real estate investment and loan.
- Independent Living Communities
- Skilled Nursing Facilities
- Surgical and Sub-Acute Centers
- Hospice Facilities
- Continuing Care Retirement Community
- Medical Office Buildings
- Assisted Living and Memory Care Residences
- Age-Restricted Apartments
Typical Clients Served
- Traditional Debt Lenders
- Fannie Mae and Freddie Mac
- HUD and HUD Syndicates (Section 232 & 242)
- Public and Private Corporations
- Private Equity Firms
- Developers and Operators
- Litigation and Accounting Firms
Description of Services
Appraisal: Team members have proven experience with single- and multiple-asset portfolio valuations. We invest time and resources in educating our staff and continuously improving our technologies to better serve our clients. These resources, coupled with a single point of contact and standardized reporting templates, allow for the consistency, depth of knowledge, accuracy, and timing that our clients expect. No other valuation company in the industry parallels our level of dedication to this basic, yet crucial business concept.
All appraisals are prepared in conformity with state regulatory requirements, FIRREA, and are subject to the Uniform Standards of Professional Appraisal Practice (USPAP) as developed by the Appraisal Foundation, as well as the Standards of Conduct and Code of Ethics of the Appraisal Institute. Members of our team hold the most prestigious designations in our industry including, MAI, FRICS, Esq, and CFA.
Consulting: Advisory services include market studies, feasibility analysis, HUD fair market rent studies, site selection, operational benchmarking, development/ construction trends and portfolio management.
Litigation Support: Our professionals have provided valuation counseling and advisory services in connection with tax appeal, bankruptcies, financial restructuring, claims of lender liability, partnership disputes, divorce settlements, breaches of contract, tenant-landlord disputes and claims of lost profits, among others. Our experts have, testified in local, state and federal courts.
Property Tax Assessment Services: By understanding the operational intricacies of the healthcare and seniors housing space, we are able to assist our clients in obtaining fair property assessments. Whether part of an acquisition or due to a changing economic climate, our group is best suited to provide the support required to achieve an accurate ad valorem tax assessment of your property.
Management Review & Reporting: We utilize first-hand market intelligence and actual operating data to bridge the gap between an investor and their operator. Our focus is maximizing your asset’s ability to drive value and profit by identifying specific market and operational opportunities that may be overlooked or not fully understood.
We provide a third-party clinical assessment of an operation’s macro and micro functions. Our findings can be delivered in the form of in person presentations and or tailored reports designed to meet the specific needs of our client.
Financial & Tax Reporting: By aligning with the CBRE Financial & Tax Reporting Services Practice, we are able to complete valuations that follow the guidance set forth by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). These requirements include personal property where the fair values of the identified asset and liability components are valued and allocated to the purchase price subject to ASC Topic 820 and IFRS 3.
Transaction Support: The CBRE Healthcare & Seniors Housing Group is often engaged to opine on various strategies throughout the transaction process. Our exposure to a multitude of operational platforms, various market characteristics, and relationships with the nation’s leading seniors housing investment brokerage and debt & equity platforms allows us to provide unmatched insight into your investment.
2016 NIC Spring Investment Forum Panel