SeniorCRE is operator-controlled operating infrastructure for senior housing & care — governing definitions, source authority, reconciliation, and lineage across care, labor, census, revenue, compliance, NOI, and capital decisions. Operators keep their existing systems and retain control of the operating record above them.

How is SeniorCRE different from PointClickCare?

PointClickCare is a clinical EHR. SeniorCRE is operator-controlled operating infrastructure that can govern above systems operators already run — including PointClickCare — by recording definitions, source authority, reconciliation, and lineage. SeniorCRE does not replace the clinical chart unless an operator deliberately chooses that path.

How is SeniorCRE different from Yardi Senior Living Suite?

Yardi is a property-management and accounting system. SeniorCRE records definitions, source authority, reconciliation, and lineage above retained systems so REITs, lenders, allocators, and operators can inspect the governed basis for each decision. Operators keep Yardi where they choose and retain control of the operating record above it.

How is SeniorCRE different from MatrixCare or ALIS?

MatrixCare and ALIS are clinical and community-management systems. SeniorCRE is an operator-controlled governance layer above the systems operators already run. It preserves connected context while recording which definition, source authority, reconciliation rule, and lineage govern each decision.

Does SeniorCRE require operators to rip out their existing systems?

No. SeniorCRE is designed to sit above the systems operators already use — PointClickCare, MatrixCare, Yardi, ALIS, payroll, accounting — and govern definitions, source authority, reconciliation, and lineage across them. Operators keep existing systems where they choose and retain control of the operating record above them.

Is SeniorCRE HIPAA compliant?

SeniorCRE operates under HIPAA-aligned controls with row-level security, encryption in transit and at rest, append-only audit logging, MFA, and signed-URL access patterns. SeniorCRE does not claim SOC 2 certification or its own SOC 2 report.

Who is SeniorCRE for?

SeniorCRE's operator beachhead is senior housing & care organizations running 10 to 40 communities. The operating record also serves REITs, private equity, family offices, lenders, allocators, asset managers, and senior housing brokers across assisted living, memory care, independent living, CCRC, and skilled nursing.

How long does SeniorCRE take to implement?

SeniorCRE deployment timing is gate-based and operator-specific. Evaluation starts with written scope, data boundaries, source authority, reconciliation rules, and acceptance gates. Named-vendor connectors are roadmap/design intent unless separately validated and accepted; none is live in operator production.

What outcomes do SeniorCRE customers report?

SeniorCRE publishes no measured operator outcomes, ROI figures, customer-reported results, completed operator-production deployment, operator-production PHI flow, live named third-party connector, or independently validated clinical, financial, or labor result. AI is positioned as pilot → prove → scale.

Senior Housing Cap Rates 2026: National & State-Level Breakdown

Complete cap rate analysis across IL, AL, MC, SNF, and CCRC properties by asset class, property size, and geographic location. Benchmark deals against 2026 market data and identify investment opportunities.

What Is a Cap Rate?

The capitalization rate (cap rate) measures the annual net operating income (NOI) a property generates relative to its purchase price or current market value. It's expressed as a percentage and calculated as:

A 9.0% cap rate on a $10 million assisted living facility means it generates $900,000 in annual NOI. Cap rates inversely correlate with property values—higher cap rates mean lower prices (and vice versa).

Why Cap Rates Matter in Senior Housing

Cap rates serve three critical functions for senior housing investors:

Cap rates reflect stabilized NOI and assume normalized occupancy, expenses, and operations. Properties in lease-up, requiring repositioning, or experiencing operational distress trade at higher cap rates due to additional risk and value-add opportunity.

The following tables present 2026 national cap rate ranges across all major senior housing property types, organized by asset class and property size. Data reflects stabilized transactions in metropolitan markets.

Independent Living (IL)

Key Insight: Independent Living offers the lowest cap rates (highest valuations) in senior housing due to lower operational intensity, favorable resident demographics, and strong demand fundamentals.

Assisted Living (AL)

Key Insight: Assisted Living cap rates average 150-200 basis points higher than IL due to increased care staffing, regulatory complexity, and operational intensity.

Memory Care (MC)

Key Insight: Memory Care commands premium rents but trades at higher cap rates than AL due to specialized care requirements, staff-to-resident ratios, and liability exposure.

Skilled Nursing Facilities (SNF)

Key Insight: SNF properties trade at the highest cap rates (lowest valuations) due to Medicare/Medicaid reimbursement exposure, regulatory burden, and operational complexity requiring specialized operators.

CCRC / Life Plan Communities

Key Insight: CCRCs/Life Plan Communities offer stable, diversified revenue but trade at elevated cap rates due to structural complexity, entrance fee accounting, and actuarial risk management requirements.

Property Size Impact on Cap Rates

Cap rates compress significantly as properties scale from small (under 20 units) to large (50+ units) due to operational efficiency, institutional investor demand, and economies of scale.

Small properties trade at cap rate premiums due to limited buyer pools, operational inefficiency, and difficulty achieving institutional scale.

Mid-size properties represent the "sweet spot" for regional operators—large enough for efficiency, small enough for hands-on management.

Author

John Hauber — Founder & CEO, SeniorCRE. Founder and CEO of SeniorCRE, LLC. Two decades operating and advising senior housing & care platforms, including HavenCo Senior Investments and Haven Senior Realty.

Reviewed by

SeniorCRE, LLC — internal editorial review — Vendor-published and internally reviewed; not independently reviewed or certified by any third party or standards body (reviewed 2026-01-15T00:00:00Z). Reviewed internally by SeniorCRE, LLC staff before publication. SeniorCRE, LLC is a vendor in the categories described and is not an independent standards body, certification authority, or law firm.

Sources & methodology

SeniorCRE editorial content is drafted by named operators or product leaders, reviewed internally by SeniorCRE, LLC staff (operators, clinicians, and capital-markets contributors) — a vendor-side review, not independent certification — and grounded in publicly available primary sources and the SeniorCRE QoS methodology. Comparative claims about named third-party products use hedged, dated phrasing.

SeniorCRE Methodology: how we source, review, and cite — SeniorCRE, LLC
SeniorCRE Trust Center — data, privacy, and clinical governance — SeniorCRE, LLC
SeniorCRE, LLC — company overview — SeniorCRE, LLC

https://seniorcre.com/blog/senior-housing-cap-rates-national-state-breakdown