Cap rates increase by 74 basis points across all segments of senior living and care

Cap rates increase by 74 basis points across all segments of senior living and care
McKnights Senior Living, by Kathleen Steele Gaivin, 1/3/24
The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing & Care Investor Survey for the second half of 2023. An April survey had found that cap rates had increased for all sectors but skilled nursing. The commercial real estate services and investment company sought feedback from senior housing investors, developers, lenders and brokers throughout the United States. The survey was conducted in October, and results were released in December.