1、ResearchUnited States|Spring 2024Investor Survey and Trends OutlookSeniors Housing and CareReport Highlights3Capital Markets4Property Markets10Investor Survey Results15Want More Information?25Contents2Investor Survey and Trends Outlook Spring 2024 The seniors housing and care sectorscontinue to adva

2、nce in their recovery from COVID-19 lowsTransaction volumes in the seniors housing and nursing care sector are down considerably from recent peak levels as real estate contends with the higher interest rate environment Capitalization rates have increased amid higher lending costsPrice per unit growt

3、h trends continue to diverge based on income growth profiles Market fundamentals are recovering with rising occupancy,aided by a significant slowdown in construction startsRent growth,while softening somewhat during 2023,exceeds the rental multi-housing sector by a wide marginInterest in seniors hou

4、sing investments remains strong as investors seek higher yields from alternative asset classesReport Highlights 3Investor Survey and Trends Outlook Spring 2024 010%10%20%30%40%50%60%70%80%90%100%$0$5$10$15$20$25$301Q20082Q20083Q20084Q20081Q20092Q20093Q20094Q20091Q20102Q20103Q20104Q20101Q20112Q20113Q

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6、niors HousingNursing Care%PortfolioCapital Markets4Investor Survey and Trends Outlook Spring 2024 In line with the broader commercial real estate market,transaction volumes in the seniors housing and nursing care space marked a notable decline,with activity in the first three quarters of 2023 down 3