The median lease up period for senior housing in the United States was about two years in 2022. The lease up period refers to the period after a community is launched. During this time, it opens for business, builds a brand and welcomes its first residents. Although the source does not specify the occupancy rate necessary for the lease up period to be over, it is usually about 95 percent.
Lease up period for senior housing in the United States in 2022
(in months)
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CBRE Group. (September 14, 2022). Lease up period for senior housing in the United States in 2022 (in months) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/
CBRE Group. "Lease up period for senior housing in the United States in 2022 (in months)." Chart. September 14, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/
CBRE Group. (2022). Lease up period for senior housing in the United States in 2022 (in months). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/
CBRE Group. "Lease up Period for Senior Housing in The United States in 2022 (in Months)." Statista, Statista Inc., 14 Sep 2022, https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/
CBRE Group, Lease up period for senior housing in the United States in 2022 (in months) Statista, https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/ (last visited December 22, 2024)
Lease up period for senior housing in the United States in 2022 (in months) [Graph], CBRE Group, September 14, 2022. [Online]. Available: https://www.statista.com/statistics/1357594/senior-housing-lease-up-period/