In the realm of commercial real estate, knowledge is power. And now, Green Street, a provider of actionable real estate intelligence and analytics, has taken a decisive step in empowering investors with a broader understanding of the market. Their recent release of Senior Housing market data and analytics for the top 50 U.S. markets marks a significant expansion of their U.S. Market Analytics suite. This suite, already renowned for its comprehensive insights into sectors like Apartment, Industrial, Office, Self-Storage, Single-Family Rental, and Strip Centers, now welcomes Senior Housing into its fold.
The launch of the Senior Housing toolkit comes as a boon to investors seeking to navigate the intricacies of the real estate landscape. It equips them with a suite of standardized and proprietary intelligence, encompassing market grades and forecasts, cap rate time series, commercial property price indices, sales comps, and incisive analyst commentary through concise market reports. But that’s not all – the offering goes beyond by including select Senior Housing rent, occupancy, and supply data. This crucial data, powered by the trusted NIC MAP Vision, encapsulates information from over 35,000 senior housing communities across the United States, providing investors with a comprehensive view of supply, demand, and operational nuances.
John Pawlowski, the Managing Director and Head of Residential and Health Care research at Green Street, seems to be highly optimistic. He said, “The combination of accelerating demand growth and moderating supply should lead to robust senior housing fundamentals in most markets in the coming years.” This insight underscores the significance of the Senior Housing toolkit, which furnishes clients with a broad spectrum of both public and private market intelligence. Such knowledge is invaluable for guiding underwriting efforts and making well-informed investment choices.
As of midyear 2023, the Senior Housing markets that exhibit the most promising expected Market-RevPAF Growth (Green Street’s proprietary metric for rent and occupancy growth) through 2027 are Nashville, Las Vegas, Atlanta, New York, and Austin. These markets underscore the dynamic nature of the sector and offer insights into where investors might find appealing opportunities.
Green Street’s profound legacy of over three decades as a premier provider of commercial real estate insights continues to evolve and expand. With their enhanced Senior Housing toolkit, they empower investors to venture into new territories armed with knowledge, data, and confidence. This commitment to equipping investors with the best possible intelligence cements Green Street’s position as a pioneering force in the real estate analytics arena.
