RETIREMENT VILLAGES

RETIREMENT VILLAGES

RETIREMENT VILLAGES

Allen Truslove has performed retirement village valuations and projections since 1987. He has developed and maintained a sophisticated valuation program capable of valuing the wide variety of deferred management fee contracts common to the industry. The following services are available in relation to retirement villages:

Cash flow valuations and reviews
  • Determination of the actuarial value of an owner’s contingent interest in a retirement village;
  • Useful in conjunction with licensed real estate valuations to meet security obligations or for accounting purposes;
  • Required as part of annual Financial Condition Report for villages operated through a Friendly Society as per Life Insurance Act 1995, Prudential Standard No 1.
Experience investigations
  • Analysis and summary of the current and historical experience of a Retirement Village;
  • Includes analysis of new and existing occupant demographics, mortality and exit rates and housing price movements;
  • Useful for the monitoring and review of business operations and includes as part of valuation processes.
Financial projections
  • Long term financial projections that incorporate predicted occupant turnovers and price movements;
  • Separates projected sources of cash flow into new / existing occupants, capital growth / deferred management fees and different building or contract classes;
  • Useful as part of business planning and budgeting;
Subsiduary services
  • Additional valuations and actuarial advice for retirement villages operated by Friendly Societies;
  • Usually required in conjunction with annual actuarial investigations.

Retirement village consulting services are usually billed based on hourly rates, although we can provide fixed fee quotations. Please contact us to find out further information.

FURTHER INFROMATION