CHICAGO (June 7, 2009) – The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Nursing Facilities. In this comprehensive text, healthcare property valuation expert James K. Tellatin, MAI, explores long-term care facilities from both physical and economic perspectives, providing the insider information appraisal professionals need to take advantage of valuation opportunities in the growing senior housing industry.
“The Appraisal of Nursing Facilities is a unique resource that appraisers can use to better understand the intricacies of valuing these complex properties,” explained Jim Amorin, MAI, SRA, president of the Appraisal Institute. “This book is especially helpful as it focuses on the range of different factors impacting the operations of for-profit and non-profit facilities, which no previous publication has covered in such detail.”
In addition to providing appraisers with current demographic and operational data, this new text provides a wealth of practical instruction. Readers will learn how to:
“The Appraisal of Nursing Facilities is the perfect publication for appraisers looking to expand their knowledge base and grow their business,” noted Amorin. “And for appraisers interested in learning how to explore valuation opportunities in the growing senior housing industry, I couldn’t recommend a better book.”
Use Medicare and Medicaid cost reports, market surveys, interviews, and sales to gather and analyze data
Calculate federal and state cost reimbursements
Forecast occupancy, census, payor mix, income and expenses
Apply specialized techniques to different valuation scenarios
Allocate business assets and address other appraisal challenges
PRICING AND ORDERING INFORMATION
The Appraisal of Nursing Facilities (Stock No. 0726M), is available to Appraisal Institute members for $50; $60 for non-members (plus shipping and handling). To place an order by telephone call 800-504-7440, or to order online visit www.appraisalinstitute.org/store/p-161-the-appraisal-of-nursing-facilities.aspx.
For a sneak preview of what The Appraisal of Nursing Facilities has to offer, download the Appraisal Institute’s free podcast at www.appraisalinstitute.org/appraisercast and listen in as author James K. Tellatin, MAI, shares highlights from his new book.
The Appraisal Institute is a global membership association of professional real estate appraisers, with 25,000 members and 91 chapters throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Members of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA and SRA designations. For more information regarding the Appraisal Institute, please visit www.appraisalinstitute.org.