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...
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
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...
Exclusive: NIC chief economist shares 6 ways COVID-19 could affect senior living
By
Lois A. Bowers
Mar 27, 2020
The coronavirus situation is changing rapidly, but National Investment Center for Seniors Housing and Care Chief Economist Beth Burnham Mace recently spent some quality social distancing time on the telephone...
Middle muddle
By
John Hall
Oct 21, 2019
Investors eye margins, and developers explore affordable options.
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Investor optimism abounds about future of senior living
By
Kimberly Bonvissuto
Nov 01, 2022
Despite increasing expenses squeezing operator margins and investment returns, even more reasons exist to be optimistic about senior living’s outlook, according to a new report on emerging real estate...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Navigate the middle market by checking the right boxes
By
Kimberly Bonvissuto
Mar 08, 2024
The 2019 “Forgotten Middle” study highlighted the need for housing and care for older adults with incomes too high to qualify for federal assistance but not enough resources to be able to afford private-pay...
Survey results support socialization benefits of senior living communities
By
Kimberly Bonvissuto
Mar 14, 2023
The results of a new poll on loneliness will come as no shock to senior living providers — adults aged 50 to 80 who live alone report higher rates of social isolation than those who live with others.
Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.