It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
Senior living occupancy recovery may stretch into 2023 — or 2028, leaders say
By
Lois A. Bowers
Jan 05, 2022
SAs the pandemic nears its second anniversary, occupancy appears to be moving in a positive direction but still may be in recovery mode at this time next year — and maybe for much longer, industry leaders...
Senior living occupancy falls slightly in first quarter as industry braces for COVID-19 impact
By
Lois A. Bowers
Apr 10, 2020
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior...
Middle market senior housing needs ‘secret sauce’ from operators to work: panel
By
Kimberly Bonvissuto
Feb 10, 2022
The “secret sauce” for middle market senior housing includes a quality living environment without going overboard, one expert says.
Assisted living occupancy inches up in third quarter
By
Lois A. Bowers
Oct 12, 2017
Occupancy in assisted living communities averaged 86.6% during the third quarter, up 0.2 percentage point from the second quarter, when it had fallen to its lowest point ever for the second time in 11...
Middle muddle
By
John Hall
Oct 21, 2019
Investors eye margins, and developers explore affordable options.
NIC: Senior housing sets record for absorption, nursing home occupancy flat
By
Tim Mullaney
Oct 14, 2014
The average occupancy rate for senior housing sailed past 90% in the third quarter, and the absorption rate set a single-quarter record, the National Investment Center for Seniors Housing & Care announced...
More news for Thursday, July 13
Jul 12, 2017
Nursing care occupancy dropped to 86.5% in second quarter … SEC brings fraud charges against telemarketers who allegedly told seniors to kill themselves … Senate Aging Committee examines nutrition’s...
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...
What is active adult? NIC comes up with definition
By
Lois A. Bowers
Sep 09, 2022
With varying existing perceptions of what the growing “active adult” property type is, the National Investment Center for Seniors Housing & Care on Thursday released a definition in an effort to unify...