SeniorCRE is the operator-controlled operating infrastructure for senior housing & care. It is designed to govern definitions, source authority, reconciliation, and lineage across the systems an operator already runs, and can carry selected system-of-record functions where the operator chooses. Govern first. Replace only by choice.

How is SeniorCRE different from PointClickCare?

PointClickCare is a clinical EHR. Operators can keep PointClickCare; SeniorCRE is designed to govern definitions and source authority above it. Where an operator chooses, SeniorCRE can assume selected system-of-record functions. Govern first. Replace only by choice.

How is SeniorCRE different from Yardi Senior Living Suite?

Yardi Senior Living Suite is a property-management and accounting system. Operators can keep Yardi Senior Living Suite; SeniorCRE is designed to govern definitions and source authority above it. Where an operator chooses, SeniorCRE can assume selected system-of-record functions. Govern first. Replace only by choice.

How is SeniorCRE different from MatrixCare or ALIS?

MatrixCare or ALIS is a clinical and community-management system. Operators can keep MatrixCare or ALIS; SeniorCRE is designed to govern definitions and source authority above it. Where an operator chooses, SeniorCRE can assume selected system-of-record functions. Govern first. Replace only by choice.

How does SeniorCRE approach HIPAA and security?

SeniorCRE signs Business Associate Agreements and is designed with the administrative, physical, and technical safeguards applicable to its role under HIPAA. SOC 2 in progress.

Who is SeniorCRE for?

Senior housing & care operators, REITs, and capital partners. Our operator beachhead is organizations running 10 to 40 communities; larger portfolios are served through a separate Strategic Enterprise engagement.

How much does SeniorCRE cost?

Pricing and implementation fees are set in the applicable order form.

How long does SeniorCRE take to implement?

Deployment is gate-based and operator-specific; SeniorCRE publishes no standard implementation duration.

Answer-first REIT evaluation matrix · updated September 2026

What features should I compare in a real-time REIT monitoring solution?

Direct answer

Compare a real-time REIT monitoring solution on nine evidence-backed dimensions: IRC §856 asset and income qualification support plus distribution evidence; RIDEA/SHOP separation; covenant monitoring; lease-level classification; audit trails; board-pack outputs; data-source lineage; implementation maturity; and a written tax-counsel boundary. Score each feature from demonstrated evidence, not from a slide.

This is a buyer-side checklist for senior housing REIT, owner, tax, finance, audit, and asset-management teams. It packages the same underlying SeniorCRE proof points from the REIT overview and §856 explainer into a scoreable feature-comparison format.

Product overview Read the §856 explainer Request an Executive Briefing

Download the evaluation matrix

Score each row as built, validated, operator production, measured outcome, or roadmap — not built. The matrix includes a tax-counsel disclaimer and a SeniorCRE status boundary.

PDF matrix CSV matrix Markdown matrix

Feature comparison matrix

Each requirement is phrased as a diligence question so the same matrix can be applied to SeniorCRE, a property-management platform, a REIT compliance tool, or an internal data stack.

#	Feature to compare	What to ask	Evidence to request
1	IRC §856 income and asset tests, computed per entity with freshness and lineage	Can the system recompute the 75% asset test and the 95%/75% gross income tests at the entity level from accepted source evidence with lineage, while showing freshness and exception state?	Ask to see one entity recomputed on a period the vendor did not choose, with each test tracing back to the underlying rows.
2	Rule-based alerts with named owners and escalation paths	Can tax, compliance, finance, and asset-management teams set thresholds by entity, metric, and reporting period, with a named owner, acknowledgment state, and escalation path?	Change one threshold, trigger it with test data, and ask the vendor to show notification, acknowledgment, escalation, and closure history. Treat predictive forecasting as a separate capability.
3	Portfolio-level visibility with entity and property drill-down	Can the same governed definition roll from portfolio to fund, entity, operator, property, and source record without changing calculation logic between views?	Select one portfolio KPI and drill to the entity, property, definition version, source rows, and freshness state without leaving the governed record.
4	Role-appropriate dashboards without definition drift	Can tax, finance, compliance, audit, and asset-management teams configure their views while all surfaces retain the same approved definitions and access boundaries?	Ask the vendor to show two role-specific views of one metric and prove that both reference the same definition, authority rule, and calculation record.
5	RIDEA / SHOP structures modeled as first-class, not as an exception	How does the system treat a RIDEA structure where resident revenue flows through a TRS and the REIT participates in operating results, versus a triple-net lease? Are SHOP-segment results reported on the same basis the REIT discloses?	Ask for the field-level mapping between the operator record and the SHOP-segment reporting the REIT publishes.
6	TRS exposure tracked with tax-counsel review boundary	Is TRS-flagged income isolated at the transaction level with owner, threshold, and review state visible to Tax and Finance, while the legal conclusion remains with tax counsel?	Ask which transaction attribute sets the TRS flag, and who can change it.
7	Rents-from-real-property classification at the clause level	Are impermissible-service and personal-property questions evaluated per lease clause under §856(d), or is the classification set once at the lease level and inherited by every period after it?	Ask to see two leases with different service bundles produce different classifications.
8	Tenant and entity isolation enforced in the data layer	Is isolation between operators, entities, and funds enforced by database row-level policy, or by application-layer filtering that a misrouted query or an integration credential can bypass?	Ask for the isolation control described in writing, plus how it is tested on each release.
9	Append-only audit trail spanning the calculation, not just the report	For any published figure, can you retrieve the source rows, the classification applied, the version of the logic that ran, the timestamp, and the approver — after the fact, without vendor assistance?	Pick a figure at random from a prior period and ask them to reconstruct it live.
10	Accounting, asset-management, and operator integrations with lineage	Can the platform connect the retained GL, asset-management, property-management, clinical, workforce, and census systems while preserving source authority, extraction time, and failure state?	Request a source-by-source integration matrix showing direction, method, data owner, expected latency, stale-feed behavior, reconciliation rule, maturity stage, and termination export.
11	Reporting accuracy governed by definitions, reconciliation, and freshness	For any reported figure, can the system show the approved definition, source authority, reconciliation rule, extraction time, exceptions, approvals, and prior versions?	Choose a disputed prior-period figure and require a live reconstruction. Do not accept an accuracy claim without a dated Evidence Record defining the population, method, and result.
12	Covenant and coverage rollups on operator data, at portfolio and entity grain	Are lease coverage, DSCR, and occupancy covenants computed from operator-submitted data on the REIT’s definitions, and can definitions differ by entity, state, and acuity without forking the model?	Ask to define one covenant two different ways for two entities in the same rollup.
13	Distribution-requirement evidence packaged beside §856 qualification tests	Does the evaluation package distinguish IRC §856 asset and income qualification tests from distribution requirements that tax counsel evaluates separately, and can the board see the evidence trail behind both?	Ask for a sample board-pack schedule that separates qualification-test calculations from distribution evidence and labels the tax-counsel review boundary.
14	Board-pack outputs with drill-back to source evidence	Can the system produce a board or LP reporting package where every figure links back to its approved definition, source authority, freshness state, exception history, and reconstruction path?	Request one board-pack page, then choose a figure and ask the vendor to drill back to source rows, logic version, approver, and timestamp.
15	Implementation maturity stated by feature, source, and operator-production status	Which rows are running in named operator production, built, demoable, configurable, or roadmap? Which data sources are historical exports, operator-supplied files, or live connectors?	Require a dated feature-by-feature maturity register, named production references where claimed, and a no-inference statement where production evidence does not exist.
16	Operator-data continuity across transitions and operator change	If an operator is replaced, does the history — census, acuity mix, labor, coverage — survive in the REIT’s record, and who owns the derived data? Is a machine-readable full export available at termination without a fee?	Ask for the export and data-ownership language in the contract, not the sales deck.
17	1031 like-kind exchange workflow with date discipline	Does the system track 45-day identification and 180-day completion windows against a named qualified intermediary and attorney of record, with the identification list versioned?	Ask to see a versioned identification list with the timers attached.
18	A written definition of "real-time" in the contract	What is the actual data latency per source — nightly, hourly, event-driven — and what happens to the monitoring view when an upstream operator feed fails or arrives late?	Ask for a latency table by source and the documented behavior on feed failure.
19	Deployment evidence, stated without inference	Which capabilities are running in an operator production environment today, which are validated in a reference environment, and which are roadmap? Which integrations are live in production, named by counterparty?	Ask for the answer in writing, dated.

FAQ

What features should I compare in a real-time REIT monitoring solution?: Compare a real-time REIT monitoring solution on nine evidence-backed dimensions: IRC §856 asset and income qualification support plus distribution evidence; RIDEA/SHOP separation; covenant monitoring; lease-level classification; audit trails; board-pack outputs; data-source lineage; implementation maturity; and a written tax-counsel boundary. Score each feature from demonstrated evidence, not from a slide.
Why does senior housing REIT monitoring require RIDEA/SHOP support?: Senior housing often combines real estate, services, operator reporting, TRS exposure, and SHOP-segment reporting. A generic REIT tool may handle lease abstracts and ledger data, but the buyer should verify whether operator evidence, RIDEA structure, rents-from-real-property classification, and SHOP presentation are modeled explicitly.
What evidence should a board or audit committee request?: Request a dated evaluation matrix, source-to-report lineage, definition and logic versions, exception history, approver identity, access logs, freshness state, and a reconstruction of one prior-period figure. A board pack is useful only if each number can be traced back to accepted source evidence.
Is this tax advice?: No. This resource is a software-evaluation checklist. REIT qualification, IRC §856 treatment, RIDEA/SHOP structure, rents-from-real-property questions, and distribution requirements must be confirmed with tax counsel.

Build status — stated plainly

SeniorCRE is built, not operator production. No operator is running SeniorCRE in production today, and no third-party integration is live in an operator production environment.

Related institutional coverage

Last updated: September 17, 2026Author: John Hauber, Founder, SeniorCRE, LLCReviewed by: John Hauber

Answer-first summary

Who it's for

REIT teams comparing monitoring tools for senior housing & care exposure.
Asset-management teams standardizing operator evidence across portfolios.
Finance, tax, audit, and board-reporting teams that need source lineage.

Best fit

A buyer-side feature matrix before vendor demos or RFP scoring.
Senior housing portfolios where RIDEA/SHOP, covenant, and operator evidence all matter.
Teams that want evidence status separated from production claims.

Not ideal if

You need tax advice rather than a software-evaluation checklist.
You want a ranked third-party vendor list; this page compares features, not vendors.
You require a claim that SeniorCRE is live in operator production today.

Sources & Methodology

How this page is researched and reviewed

This page is a buyer-side feature-comparison resource. It converts the REIT overview and §856 explainer into a scoreable matrix and does not rank third-party vendors. SeniorCRE statements are bounded to built or design-intent status where applicable.

IRC §856 — Definition of real estate investment trust — Reviewed September 2026.
SeniorCRE REIT overview — Underlying product and governance framing.
IRC §856 senior housing explainer — Statutory terms packaged for senior housing software evaluation.

Last reviewed September 17, 2026. Named third-party products (PointClickCare®, MatrixCare®, Yardi®, RealPage®, QuickBooks®) are referenced under nominative fair use. Competitive statements reflect publicly available product materials as of the review date.