Features

After years of moderate fluctuation, seniors housing capitalization rates have curved sharply upward in the last year, investors within the industry say. That’s according to CBRE’s most recent edition of its U.S. Senior Housing & Care Investor Survey. This 13th edition of CBRE’s survey, conducted in October 2023, polled the same group of seniors housing real estate professionals and investors as its last survey in April and had a 98 percent response rate. While the April survey focused largely on changing market conditions caused by inflation and staffing shortages, the October …

The last few years have been a time of unpredictability in seniors housing, as the combined factors of pandemic recovery, rapidly rising interest rates, high inflation and labor shortages weighed heavily on investors and operators. “There have been a lot of predictions and forecasts since 2020,” said JP LoMonaco, executive vice president at CBRE. “A lot have been spot on; a lot have been way off base. As we approach the end of 2023, it seems like forecasts about what the American economy will do in 2024 are more varied …

CHICAGO — Cushman & Wakefield has released its U.S. Senior Living & Care Investor Survey and Trends Report, indicating continued strong performance of the seniors housing asset class with stabilized occupancy trending upward for the 10th consecutive quarter, reaching 85 percent for primary markets and 87 percent for secondary markets.  Moving forward, the Northeast markets are projected to show the strongest near-term performance while the Southwest and Southeast markets are anticipated to experience downward pressure on occupancy and rent growth as new supply is introduced. Construction starts have receded to …

An analysis of over 273,000 web reviews of seniors housing communities has shown that the top priority of residents and their families relate to cleanliness and staff. That’s according to analysis by Seniorly, a seniors housing referral service, which partnered with data firm Skypoint to gather the data. Close to a quarter of reviews regard cleanliness. The presence of odors, which are common in senior living environments, often serve as a proxy for quality and rigor, particularly during sales tours. Nearly a quarter of reviews also centered on the administrative …