Partner Valuation Advisors Issues National Seniors Housing Investor Report

Chicago, Illinois, October 20, 2023 Completed in September 2023, this is the inaugural edition of our seniors housing investor survey. The sample set for this survey surpassed 100 respondents, encompassing some of the most influential leaders in the seniors housing industry including lenders, investors, developers, and investment sales professionals.

The purpose of the survey is to identify current trends in the seniors housing sector, which has seen numerous changes due to the impacts of increased interest rates/cost of debt and inflation. These factors led to declining transactional and lending volume in the first half of 2023. Download the 2023 Seniors Housing Investor Report.

Seniors Housing Trends

"The seniors housing industry is well-positioned for growth due to the foundational factors of limited new supply and ongoing strong demand; however, the broader capital markets have become less appealing with the increasing cost of capital," Partner Valuation Advisors' National Practice Leader of Seniors Housing, Brian Chandler, MAI, CRE, FRICS, said, "The Federal Reserve seems inclined to maintain a vigilant stance on inflation, which means that interest rates are likely to remain high going into 2024. This sets the stage for what we expect will be increased headwinds in the investment real estate sector compared to the previous cycle. Despite these current challenges, the industry has had occupancy gains in nine consecutive quarters. Given the robust demographic trends and limited supply, the seniors housing sector will offer an attractive investment environment for committed, long-term investors with strong operational relationships."

About Partner Valuation Advisors

Partner Valuation Advisors is an affiliate company of Partner Engineering and Science, Inc. The valuation enterprise was introduced in 2022 with the formation of a new team of leaders focused on performing commercial real estate valuations nationally for investors, lenders, and real estate occupiers. The team is led by Brandon Nunnink, CFA, and Eric L. Enloe, MAI, CRE, FRICS. Please visit us online at

About Partner Engineering and Science, Inc.

Partner ESI is the most trusted choice for third-party due diligence and consulting in the commercial real estate industry, providing full-service engineering, environmental, and energy services throughout the Americas, Europe, and around the globe. With a multidisciplinary approach, Partner serves clients at all stages from initial due diligence and design to development and construction, as well as the ongoing maintenance and optimization of a real estate asset. 

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
P: 310-615-4500
E: ehaberlen @

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