Pandemic drives senior living occupancy to record lows
By
Lois A. Bowers
Jan 08, 2021
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service...
Improving diversity, equity, inclusion and belonging in senior living ‘not a quick fix’
By
Lois A. Bowers
Mar 24, 2022
Senior living companies will have their first opportunity to share information about their diversity, equity, inclusion and belonging efforts with the Senior Living DEIB Coalition when a survey goes out...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
4 lessons for senior living from 2020
By
Lois A. Bowers
Jan 11, 2021
Five senior living industry leaders recently took the time to share with me — for you — their insights into the biggest challenges that faced owners and operators in 2020 and the challenges they will...
Inventory growth knocks assisted living occupancy to lowest point since 2009
By
Lois A. Bowers
Jul 12, 2017
Occupancy rates for assisted living communities reached their lowest point in eight years in the second quarter, driven down by inventory growth that outpaced healthy absorption rates, according to data...
Senior housing: Positive outlook with challenging unknowns
By
Matt Caine
Dec 13, 2021
The coronavirus pandemic has presented a myriad of challenges for the senior housing sector. Even with the vaccine rollout earlier this year, many of these issues remain as the virulent delta variant and...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
New research could help attract residents, but a to-do list remains
By
Lois A. Bowers
Jun 07, 2021
Senior living operators received some good news last week with the publication of the results of a long-awaited study of COVID mortality rates in the United States in residential senior housing and care...
Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...