What features should I compare in a real-time REIT monitoring solution for senior housing?
A hedged, source-able shortlist for REIT tax, treasury, and asset-management teams evaluating operating records against IRC §856, RIDEA/SHOP carve-outs, covenant evidence, 1031 workflows, and multi-operator audit logs — with a fixed comparison matrix against Yardi® and generic REIT-compliance tools.
Direct answer
A senior-housing-fit REIT monitor should cover seven capabilities on one operating record: IRC §856 asset test (75%); 95% and 75% income tests with RIDEA/SHOP carve-outs; row-level tenant and entity isolation; covenant tracking with lease coverage and DSCR; a 1031 like-kind exchange workflow with 45/180-day timers; an immutable audit log suitable as SOX 404 and SOC 2 evidence; and multi-operator rollups where the REIT reads the same row the operator writes.
Comparison matrix
SeniorCRE vs. Yardi® Senior Living / Voyager® vs. generic REIT-compliance tooling across the seven capabilities. Verdicts reflect publicly available product materials as of July 9, 2026 and are stated in hedged form.
Key facts
Publisher: SeniorCRE.
Category: Investor — REIT Monitoring Feature Comparison.
As of: 2026-07-09.
Audience: REIT CFO, tax director, treasurer, asset management, private-equity operating partners.
https://seniorcre.com/reit-monitoring-feature-comparison