Should I sell my assisted living facility or keep it?
Direct answer
Whether to sell or keep an assisted living facility depends on your goals, your community's performance and the market. Selling makes sense when you want to retire, lack a successor, face major capital needs or can capture a strong price. Keeping makes sense when the community is performing, you have a plan for leadership, and its value is still growing.
What to know
Start with a valuation. Haven's Broker Opinion of Value is free and takes 5 to 7 business days.
Compare your options: a full sale, a partial sale, a family transfer, or selling the real estate and leasing it back.
Consider taxes. A 1031 exchange can defer gain on the real estate, but not on the business.
Plan ahead. Owners who prepare 12 to 24 months before selling usually have more options.
How Haven helps
Haven gives owners a confidential view of value and options with no obligation to sell. Read our senior housing business exit strategies.
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