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Special Report

Senior Housing

1H 2026

Shifting Demographic Tailwind and
Development Constraints Shape the Seniors Housing Outlook

Occupancy continues to climb as demographics support gains across care types despite affordability and conversion constraints. Elevated construction costs, labor shortages and financing pressures are limiting new development, while investors increasingly favor existing assets as replacement cost dynamics and stabilized cap rates reshape acquisition strategies.

  • Breakdown of occupancy and demand trends across care segments
  • Analysis of affordability pressures and middle-income demand constraints
  • Look at headwinds facing development, labor and financing 
  • Overview of investment activity and replacement cost dynamics
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