Senior Living Case Studies

Franklin Templeton’s Project Spring revitalised six care homes across the UK to meet the dual challenges of an ageing population and outdated infrastructure. The investment brought 96 dormant beds back into use and improved living conditions for over 400 residents, while delivering long-term social and environmental impact. Supported by a 35-year lease and a dedicated capex and sinking fund, the initiative targets significant upgrades in carbon performance, care quality, and affordability – aligning with SDG 3.8 and 11.1.

Seasons by Amvest integrates informal care within a supportive community, promoting independence and reducing reliance on formal healthcare. By fostering social interaction and efficient care delivery, it enhances well-being while lowering costs. With high occupancy rates, cost savings of up to 30%, and strong resident satisfaction, Seasons redefines assisted living as a model of connection, dignity, and sustainability.

Harrison Street partnered with Maastricht University to address the challenge of measuring the “S” in ESG across senior living and student housing assets. Together they developed a social performance rating tool with over 40 indicators across residents, workers, building management, and community. Used by more than 60 properties, the scorecards provide benchmarks and actionable guidance to improve tenant experience and operational outcomes. Early analysis, validated by MIT, shows positive links between social initiatives and NOI, creating a replicable model for measuring and enhancing social value in real estate.