Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
NIC’s Mace to present on market fundamentals at McKnight’s Online Expo tomorrow; COVID-19 session...
By
Amy Novotney
Mar 18, 2020
National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace will examine senior living and skilled nursing fundamentals and the outlook for the sectors tomorrow during a McKnight’s...
Occupancy downturn is losing steam as resident demand rises: NIC executive survey
By
Alicia Lasek
Mar 26, 2021
The share of seniors housing and care organizations reporting decelerations in move-ins and occupancy rates is at an all time low for all care segments during the pandemic, according to the NIC’s...
Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...
Pace of move-ins appears to be improving: NIC
By
Amy Novotney
Jun 01, 2020
A growing number of operators across all care segments now are reporting an increase in move-ins, according to data from the most recent Executive Survey results from the National Investment Center for...
June occupancy rates vary by city amidst pandemic: NIC
By
Amy Novotney
Jul 17, 2020
San Jose, CA, held the top spot for highest occupancy levels within its independent living and assisted living properties in June, according to new data from the National Investment Center for Seniors...
Task force work groups aim to chart a path for senior living’s transformation post-COVID-19
By
Kimberly Bonvissuto
Jun 11, 2020
After meeting virtually over two days at the end of May, members of the International Council on Active Aging’s COVID-19 Senior Living Task Force now are breaking into work groups to provide input into...
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...
COVID-19 ‘nightmare’ provides ‘teachable moment’ for industry: NIC panel
By
Kimberly Bonvissuto
Oct 07, 2020
COVID-19 is “a nightmare beyond any worst-case scenario” for the senior living and care industry, but the overriding message is “we’re going to get through this,” Mark Parkinson, president and...
Second-quarter senior housing occupancy rate is lowest on record, NIC says
By
Lois A. Bowers
Jul 10, 2020
Senior housing occupancy in the second quarter was at the lowest level on record since the National Investment Center for Seniors Housing & Care began reporting data in 2006, NIC said Thursday. Individually,...