Expense ratio for senior housing in the U.S. Q4 2022, by property type
Senior housing communities with a majority of independent living units had the lowest expense ratio in the United States in the fourth quarter of 2022. During this period, the expense ratio of this asset class was 62 percent, meaning that the operational costs amounted to 62 percent of the income brought in by the property. For the continuing care retirement and life plan communities (CCRC/LPC), this percentage was the highest at 87 percent.
