2026 Seniors Housing & Care Investor Survey and Trends

Reflecting the broader investor shift toward alternative asset classes, 86% of survey participants plan to expand their seniors housing portfolios in 2026. Another 10% intend to hold their current allocation steady, while only 4% are reducing exposure. With assets trading below replacement cost and favorable demographics—including a projected 36.6% increase in the 80+ population over the next ten years—institutional capital continues flowing into sectors positioned to capitalize on sustained generational demand.

Rolling four-quarter transaction reached just over $24B by year-end 2025 – its highest level since Q2 2015 ($26B).

Market sentiment has shifted toward cap rate compression over the past several quarters. In addition to decreasing cap rates in Q4 2025, 85% of survey respondents expect cap rates to decrease further over the next 12 months – a significant increase from 57% just one year ago. This optimistic outlook reflects improving market conditions and investor confidence in the sector's trajectory.

The U.S. 80+ population is projected to grow 36.6% over the next decade (compared to 5% total population growth), with over 10,000 Americans turning 65 daily, creating unprecedented long-term demand for seniors housing.

86% are seeking to increase their seniors housing exposure in 2026.