Valuation and Advisory Services

Seniors Housing and Healthcare

The CBRE Seniors Housing & Healthcare Group is comprised of a team of specialized professionals concentrating exclusively on the seniors housing and healthcare real estate sub-sector in Canada.

Seniors housing

According to Statistics Canada, the population of seniors age 75 years and older in Canada is expected to grow by 111.2% between 2014 and 2034, while the total population of Canada is only expected to increase by 19.1% over the same period1. This trend has resoundingly captured the attention of investors and real estate developers, resulting in increased capital flows and construction in the seniors housing and long term care sector in Canada.

The CBRE Seniors Housing & Healthcare Group is comprised of a team of specialized professionals concentrating exclusively on the seniors housing and healthcare real estate sub-sector in Canada. CBRE's dedicated team of industry professionals exists to provide insight to market participants who aim to maximize the value of their investments within the seniors housing and healthcare space. By harnessing industry-leading proprietary data, expertise and relationships, CBRE is able to provide insight and analysis which is of unparalleled quality.

1CANSIM. Projection scenario M2: medium-growth. Table 052-0005

Our Services

Valuation, Feasibility & Consulting Services

Our team members have proven experience with single-and multiple-asset portfolio valuations. We invest time and resources in educating our staff and continuously improving our technologies to better serve our clients. These resources, coupled with a single point of contact and standardized reporting templates, allow for the consistency, depth of knowledge, accuracy, and timing that our clients expect. No other valuation company in the industry parallels our level of dedication to this basic, yet crucial business concept.

All appraisals are prepared in conformity with Canadian regulatory requirements and are subject to the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) as developed by the Appraisal Institute of Canada.

Valuation Services

  • Proposed residences
  • Financing
  • Board-approvals
  • Acquisitions & dispositions
  • Due diligence
  • GST/HST self-assessment
  • Annual asset valuations
  • International Financial Reporting Standards (IFRS) requirement

Feasibility & Consulting Services

  • Feasibility / market studies for new development sites or geographic areas
  • Expansions to existing residences
  • Repositioning of under-performing assets
  • General consulting on senior's demographics, residence positioning, physical structure, suite lay-outs, suite mix, services / service packages, rental rates

 

Highlights:

  • Financial Institutions
  • Retirement Home Operators/Owners
  • Real Estate Investment Trusts (REITS)
  • Pension Funds
  • Professional Services
  • Not for Profits (Non-profit Organizations)

Seniors Housing Landscape

Asset Class Overview

The seniors housing and long term care industry provides both accommodation and an array of services and program options to seniors. The demand for these properties is primarily driven by the segment of the seniors' population over the age of 75. The level of services and variety of options available to the seniors housing marketplace continues to evolve as the needs, preferences and demands of seniors and their families change.

The types of properties which facilitate the delivery of accommodation and care services to seniors are typically divided into five categories: seniors apartments ("SA"), independent living ("IL"), assisted living ("AL"), memory care ("MC") and long-term care ("LTC"). Continuing Care Retirement Communities ("CCRCs") represent a hybrid model, and typically offer all of the care levels noted above on a single campus.

Property Types by Services Provided

The following Exhibit 1 highlights the array of services offered across the different property types. Besides accommodation, seniors housing and long term care properties typically offer hospitality services, care services and medical services. This spectrum of property types is commonly referred to as the Continuum of Care.

Industry Links

Retirement/Senior Housing Organizations

Retirement/Senior Housing Consultants

Find a Retirement Residence

Retirement /Senior Housing Operators

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