Senior living operators express optimism in increasing development pipelines
By
Kimberly Bonvissuto
Nov 19, 2021
Improving lead volumes in senior living and a recent increase in construction lending reflect expectations that development pipelines will increase soon, according to the latest NIC Executive Survey Insights...
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...
Senior living industry turnaround could begin in second quarter, CEO says
By
Lois A. Bowers
Feb 03, 2021
Signs of recovery from the coronavirus pandemic could begin to show in the senior living industry in the second quarter, Adam Portnoy, president and CEO of The RMR Group Inc., said Tuesday.
Senior living occupancy falls to all-time low, 80.7 percent: NIC
By
Lois A. Bowers
Jan 07, 2021
Occupancy at U.S. senior living communities — including independent living and assisted living communities — reached an all-time low of 80.7% in the fourth quarter of 2020, according to data released...
Senior living can cost less than aging in place at home: analysis
By
Lois A. Bowers
Apr 19, 2017
A new analysis showing that older adults can save money by residing in senior living communities rather than continuing to live in their homes may not surprise those in the industry, but most older adults...
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...
More news for Monday, Jan. 23
Jan 22, 2017
Seniors welcome new, battery-powered friends … LifeSpan president talks future of senior care … Women’s cognitive decline begins earlier than previously believed … Older adults...
Bankruptcy filings trend up, with long-term care still showing ‘substantial distress’
By
Kathleen Steele Gaivin
Nov 16, 2023
Chapter 11 bankruptcy filings in the healthcare industry, including those in long-term care, have trended upward in the third quarter, according to the Polsinelli-TrBK Distress Indices Report. Healthcare...
Middle market could provide answer to occupancy, oversupply issues, CEO says
By
Lois A. Bowers
Apr 25, 2019
Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending...
Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...