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...
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.
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
Senior living occupancy could reach pre-pandemic levels next year: NIC
By
Kimberly Bonvissuto
Oct 05, 2023
Sustained supply-demand trends could drive senior living occupancy rates to return to pre-pandemic levels in 2024, according to NIC MAP Vision and the National Investment Center for Seniors Housing & Care.
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.
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
Responsive sales strategies will help senior living operators increase conversion rates
By
Kimberly Bonvissuto
Aug 10, 2023
As senior living occupancy edges toward pre-pandemic levels, operators need to adjust their strategies, which have been more responsive than reactive, to improve sales and marketing success, according...
Senior living operators optimistic about easing staffing challenges
By
Kimberly Bonvissuto
Jul 14, 2023
Staffing challenges appear to be easing, according to senior living operators responding to the latest National Investment for Seniors Housing & Care executive survey, the results of which were released...
Memory care’s dynamics make it an attractive senior housing investment prospect: NIC
By
Kimberly Bonvissuto
Jun 20, 2023
Increasing demand, combined with notable pandemic recovery, make memory care an attractive prospect for investors, but senior housing stakeholders looking to capitalize on the trend need to understand...
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...