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Client profile

A 423,000 sq. ft. independent living, assisted living, memory care and skilled nursing facility that includes 325 units and a community centre.

Challenge

The facility was built in 2008/2009 at a total cost of over $98 million. The assessor used cost to support the assessment.

Results

Altus Group appealed and reduced the assessment from $56.8 million to $32.3 million resulting in tax savings of $425,000.

Services provided

Our technology-enabled expert services enable commercial real estate professionals to connect to the market with greater speed, visibility and efficiency.

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Last updated on July 29th, 2019 at 05:41 pm

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