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.
Competition leads to ‘pronounced’ changes in senior living occupancy dynamics: NIC
By
Kimberly Bonvissuto
Jun 12, 2023
The senior housing market is experiencing a “pronounced change in occupancy dynamics,” reflecting “intense” competition between new and existing properties, according to the latest NIC MAP Vision...
Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Occupancy on way to 10th consecutive quarter of growth
By
Kimberly Bonvissuto
Dec 14, 2023
Senior living occupancy is on its way to 10 consecutive quarters of positive growth, according to NIC MAP Vision’s November intra-quarterly snapshot report.
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches
By
Kimberly Bonvissuto
Apr 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing...
Report adds to research showing health benefits for senior living residents
By
Kimberly Bonvissuto
Jun 21, 2024
Senior living residents — particularly residents of continuing care retirement / life plan communities — experience the same or better health outcomes compared with their peers living in the greater...
Addition of senior living to data collection warehouse adds transparency, capital to sector
By
Kimberly Bonvissuto
Jun 26, 2024
NCREIF recently added senior housing to its benchmarking index in an effort to increase transparency and access to capital for the sector.
Senior living lending weakened by rate pressures, market fears
By
Kimberly Bonvissuto
Nov 10, 2023
The issuance of new permanent debt for senior living hit a new low during the second quarter, and loan volume for senior living decreased 8% from the first quarter, according to a NIC lending trends report...
Despite record-setting occupancy drop, pandemic could offer ‘silver lining’ for senior living, NIC...
By
Lois A. Bowers
Oct 16, 2020
Independent living and assisted living communities saw their largest occupancy drops on record in the third quarter of 2020, according to data released Thursday by the National Investment Center for Seniors...