Senior Housing

Underwrite senior housing in minutes.

Primer extracts census data, payer mix, and care level rates into your exact model format.

Teams save 10+ hours per week on underwriting.

Documents We Process
Census Reports Payer Mix Rate Schedules P&L Statements Staffing Reports

Trusted by teams at

Colliers Monday Properties Blue Roc Premier Safeguard Self Storage North Lone Star Capital Boardwalk Storage Lee and Associates
Census Report - Extracted
IL
Independent Living
Units
48
Occupancy
94%
AL
Assisted Living
Units
62
Occupancy
89%
MC
Memory Care
Units
28
Occupancy
96%
SNF
Skilled Nursing
Beds
32
Occupancy
87%
Total Units
170
Blended Occ.
91.2%
Avg RevPU
$6,890
4 care levels

More deals.

Same bandwidth.

Senior housing teams using Primer review 3x more opportunities with the same headcount.

Your Current Workflow

Based on senior housing teams using Primer

With Primer
Additional deals reviewed
+20 per month

Deals you'd otherwise triage out

Hours back for analysis
54 per month
Book a demo

We'll use your actual census reports and model.

From Census Report to Model in Minutes

Upload your deal package. Get your model back, filled.

01

Drop Your Deal Package

Senior housing docs we process

Census Payer Mix P&L Rates
02

AI Extracts & Reconciles

What Primer does

Care Levels Payer Sources Cites Sources
03

Your Model, Filled

Output format

Your Template (.xlsx) CSVs
Every value cited
Verify in seconds, not hours
All docs at once
Census + payer mix + P&L → one run
Live in 48 hours
One-time model mapping

Senior housing documents we process

If a human can read it, Primer can extract it.

Census Reports

Occupancy by care level, resident count, move-ins, move-outs, and census trends over time. Daily or monthly snapshots.

Payer Mix

Private Pay, Medicaid, Medicare, and VA percentages by care level. Reimbursement rates and trends.

Rate Schedules

Base rent, care fee tiers, and ancillary charges by unit type and care level. Second person fees.

P&L Statements

Revenue by department, labor costs, ancillary income, and operating expenses. EBITDAR calculation.

Staffing Reports

PPD (hours per patient day), staffing ratios, nursing hours, and labor expense breakdown.

Unit Mix

Unit counts by type (studio, 1BR, 2BR), square footage, and care level assignment. Companion units.

Why senior housing underwriting is different

Multiple care levels, payer mix complexity, and labor intensity require specialized extraction.

01

Care level categorization

Automatically categorizes units into IL, AL, MC, and SNF regardless of how they're labeled in source documents. "Assisted", "Personal Care", "AL" all map correctly.

02

Payer mix analysis

Extracts and calculates payer mix by care level. Models Private Pay, Medicaid, Medicare, and VA reimbursement rates with blended RevPU calculations.

03

Rate structure parsing

Separates base rent, care fees by tier, and ancillary charges. Handles different rate structures: all-inclusive, tiered care, and a la carte pricing models.

04

Labor cost analysis

Extracts staffing data including PPD (nursing hours per patient day), FTE counts, and labor expense as % of revenue. Critical for value-add analysis.

Senior housing metrics we extract

Census
By Care Level
Payer Mix
PP/Medicaid/Medicare
RevPU
Revenue/Unit
Labor %
% of Revenue
PPD
Nursing Hours
Care Fees
By Tier
EBITDAR
Margin
Turnover
Move-in/out

Common

Questions.

How accurate is the extraction?

We maintain 98%+ accuracy by combining AI with deterministic validation rules. The system flags low-confidence fields for human review, so bad data never reaches your model.

98%+ Accuracy
Census Data 99.2% Match
Payer Mix 98.4% Match
Rate Schedule 97.8% Match

Does it work with my Excel model?

Yes. We map to YOUR existing Excel template during a one-time setup. Data flows directly into your format.

What senior housing docs work?

If a human can read it, Primer can extract it.

Census
Payer Mix
P&L
Staffing

How long to get started?

We can get your team live within 48 hours. One-time mapping of your Excel model, and you're ready to process deals.

1
Share your model
2
We map it (24h)
3
Go live

Partnered with

the industry's best.

"Borderline deals used to get deprioritized. Now we send them to Primer. We've put in offers on deals we probably would've passed on."

Doug Steverson
Doug Steverson
Chief Operating Officer at Boardwalk Storage

"Primer turns a 2-4 hour manual task into something that's done automatically. We get more BOVs out the door and ultimately win more listings."

Tom de Jong
Tom de Jong
Executive Vice President - Colliers

See Primer with your census data

We'll show you your actual docs → your model.

Book a demo