Assisted and independent living hit new occupancy lows: NIC
By
Amy Novotney
Dec 18, 2020
The stabilized occupancy rate for majority assisted living properties fell again in November, dropping 0.1 percentage point to 80.6%, according to the latest intra-quarterly snapshot report from the National...
NIC: Demand for independent living strong in third quarter
By
Lois A. Bowers
Oct 05, 2016
Independent living experienced much activity over the past three months, for now quelling the fears of potential short-term trouble that had arisen after the second quarter for the property type.
Assisted living initial rates average 7.8% below average asking rate: NIC
By
Lois A. Bowers
Sep 14, 2016
Assisted living communities, on average, are in effect discounting their annual rates by almost a month, according to the inaugural Seniors Housing Actual Rates Report released Wednesday by NIC MAP at...
New opportunities in assisted living offer reasons for hope, leaders say
By
Lois A. Bowers
Oct 09, 2018
Times may be challenging for long-term care providers right now, but opportunities exist to help determine the future of the industry, leaders of the American Health Care Association and National Center...
Mortality, hospice use rates differ in assisted living communities depending on whether memory care is...
By
Kimberly Bonvissuto
Apr 04, 2024
Assisted living communities that provide memory care services may attract residents closer to the end of life or promote hospice use at the end of life compared with assisted living communities without...
Assisted living occupancy declines at highest rate since April: NIC
By
Amy Novotney
Aug 20, 2020
The occupancy rate for senior living properties with a majority of assisted living units fell 1.7% last month, according to new data from the National Investment Center for Seniors Housing & Care’s NIC...
Assisted living occupancy drops to record low in second quarter
By
Lois A. Bowers
Jul 13, 2018
The occupancy rate for assisted living continued its downward trend in the second quarter, falling lower than last quarter’s record-low average of 85.7% to a low of 85.2%, according to data released...
Assisted living sets record for price per unit
By
Lois A. Bowers
Mar 08, 2018
The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care...
NIC: Discounts for prospects still popular as resident rates increase
By
Lois A. Bowers
Sep 27, 2018
Assisted living operators are continuing to offer rent discounts to entice prospective residents, whereas in-place rate growth is picking up, according to the National Investment Center for Seniors Housing...
Assisted living demand reaches ‘highest level ever’: NIC
By
Kathleen Steele Gaivin
Oct 07, 2022
The number of occupied units in assisted living is at its highest level ever, according to the National Investment Center for Seniors Housing & Care. The organization released quarterly data on Thursday.