Westbridge Group Valuation Partner

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Sales Activity in British Columbia (Total Dollar Volume of Sales in BC by Year)

2003 – $117,365,000

2004 – $132,540,000

2005 – $190,105,000

2006 – $112,625,000

2007 – $83,390,000

2008 – $200,000,000

2009 – $23,600,000

2010 – $24,665,000

2011 – $76,630,000

2012 – $197,513,000

2013 – $336,760,897

2014 – $791,836,148

2015 – $775,409,225

2016 – $555,168,500

2017 – $1,636,562,711

2018 – $211,646,000

2019 – $204,475,000

Did you know?

  • That most recently constructed congregate and assisted living retirement residences have about 300 square feet of common area per suite.
  • That BC has 5 different Health Authorities and that each uses different standards, variations of contracts, performance measures and funding formulas.
  • That it is not unusual to find that the average age of residents in a campus of care is higher in the congregate/assisted living component than it is in the licensed care component.
  • That the number of second occupants in congregate and assisted living retirement residences is declining.
  • That missing one RN FTE in a staffing calculation can result in a $1 million over-statement of value.