Operator covenant monitoring.
Track your tenants and partners across ACQSC Star Ratings, compliance notices, sanctions, funding announcements and public financial disclosures, with plain-English commentary on what each change means for the covenant.
For healthcare, aged care and retirement living
Property intelligence that understands the operator, not just the lease.
Healthcare and seniors-living real estate is underwritten on the strength of the operator and the funding behind them. Pitt Street reads what generic tools ignore: ACQSC ratings, funding data, occupancy, DMF and RAD structures, and the operator covenants that decide whether the rent gets paid.
The challenge
Hospitals, medical centres, residential aged care and retirement villages are among the most sought-after real assets in Australia and among the hardest to analyse. Value depends on operator performance, government funding settings and regulatory standing as much as on cap rates. Most property teams don't have an operator specialist on staff, and no off-the-shelf AI tool reads a Star Rating, an AN-ACC funding change or a village's DMF waterfall.
Pitt Street was built by people who have worked inside aged care and understand how the sector's economics flow through to the property.
What you gain
Sector-specific modelling.
Retirement-village DMF and refundable-contribution modelling, RAD and DAP exposure analysis, and rent-cover analysis that reflects how aged care and health operators are actually funded.
Lease and agreement reading.
Triple-net healthcare leases, operating and management agreements, village contracts and residency terms extracted and cross-referenced against the Retirement Villages Acts and Aged Care Act obligations relevant to the asset.
Portfolio and pipeline intelligence.
Screen acquisitions and developments against catchment demographics, bed and place supply, provider concentration and funding sensitivity. Report on the portfolio with the operator risk layer built in.
Privacy handled correctly.
Resident and patient data is personal and often sensitive information under the Privacy Act. Pitt Street workflows are designed to minimise personal data inputs, run on de-identified or aggregate data where possible, and document the privacy impact assessment for anything that touches an individual.
Who this is for
Listed and unlisted healthcare and social-infrastructure funds, diversified managers with healthcare or seniors-living exposure, retirement-living operators with property arms, not-for-profit providers managing their own estates, and the lenders who fund all of the above.