CBRE’s U.S. Seniors Housing & Care Investor Survey was conducted between January and February 2020. At the time, survey respondents had only a limited perception of the potential adverse impact of the COVID-19 pandemic. Nevertheless, this survey provides a solid benchmark of investor sentiment just before the COVID-19 outbreak in the U.S., which is expected to have significant implications for the industry. CBRE will continue to provide support to the industry, with the forthcoming H2 2020 survey providing valuable trending data when juxtaposed with this benchmark reporting period.

This is CBRE’s eighth Seniors Housing & Care Investor Survey over the past six years. As a result of this long legacy of consistent CBRE reporting methodology, the historical capitalization rate trends have been added to this report.