SeniorComps provides a cloud‑based database of senior‑housing market intelligence at the individual property level, offering rent, sale, and expense comparables with detailed unit mix, occupancy, payor composition, and transaction terms. Users can filter, benchmark, and export data directly to Excel for faster underwriting, valuation, and competitive analysis.
Funding
Funding not disclosed
Founders
Product
Problem
Owners, investors, lenders, and other professionals in senior housing often lack timely, property‑specific market data such as rent levels, occupancy, payor mix, and recent sale terms. Existing sources are aggregated, outdated, or require extensive manual research, leading to slower decision‑making and reduced profitability.
Solution
SeniorComps offers a cloud‑based, searchable database that aggregates senior‑housing market intelligence at the individual property level. Users can query rent, sale, and expense comparables and instantly view detailed profiles that include pricing, unit mix, occupancy, payor composition, transaction terms, and operational expenses. The platform allows results to be downloaded directly into Excel, enabling rapid analysis and integration into underwriting models, pro‑formas, and competitive benchmarking. By centralizing verified, up‑to‑date comps, SeniorComps reduces the time spent on data collection and improves the accuracy of pricing, valuation, and risk assessments for senior‑housing assets.
Target Audience
Primary users are senior‑housing owners, operators, investors, lenders, developers, brokers, and appraisers who need reliable, property‑level market data for valuation, underwriting, and competitive analysis.
Features
- Property‑specific rent comps with unit sizes, occupancy rates, payor mix, and photographic documentation
- Sale comps detailing transaction price, price per unit/bed, cap rate, EGIM, buyer/seller information, and transaction notes
- Expense comps covering revenue streams, payroll vs. non‑payroll costs, and overall operating expense benchmarks
- Advanced search filters (e.g., location, property type, size, cap rate) to quickly locate the most relevant comparables
- One‑click export of selected comps to Excel for seamless integration into financial models
- Interactive dashboards for benchmarking a property’s P&L against peers by state, market size, and expense categories
- Continuous updates from a network of industry professionals to ensure data freshness and accuracy