Nursing Home Values Declining
June 18, 2001 Nursing Home Values Declining Theres been a decrease in the value of nursing homes in recent years, due partially to competition from assisted living facilities (ALFs). This is one of the findings of a report published by Irving Levin Associates Inc, in March 2001. The report reveals that the nationwide selling price for nursing homes decreased by just over 10 percent last year, bringing nursing home sales to the lowest level since 1994. In Levin's report, The Senior Care Acquisition Report, the average price paid for nursing homes in 2000 was approximately $36,600 per . . .
