Westbridge Group Valuation Partner

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Sales Activity in British Columbia (Total Dollar Volume of Sales in BC by Year)
Excludes some sales of BC components in portfolio transactions relating to Holiday Retirement Corp. and Sunrise REIT.

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

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.