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...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
More investors allocating capital to alternative real estate assets such as senior living: JLL
By
Amy Novotney
Mar 31, 2021
Last year, amid the turbulence of the overall U.S. commercial real estate industry and increasing volume declines, many investors increased their activity in some alternative property sectors, including...
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...
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Increase in vaccinations likely behind acceleration in senior living move-ins: NIC
By
Amy Novotney
Jan 29, 2021
The pace of move-ins over the past 30 days has ticked up within independent living, assisted living and memory care units, according to data collected from the most recent Executive Survey conducted by...
Some senior living operators add vaccine access to marketing toolkits to help rebuild occupancy
By
Kimberly Bonvissuto
Jan 25, 2021
As the COVID-19 pandemic sends occupancy rates plummeting in senior living communities, some operators are adding vaccine access to their marketing toolbox in a bid to entice prospective residents and...
Even amid COVID surge, many seniors housing operators not increasing move-in restrictions: NIC
By
Amy Novotney
Jan 15, 2021
Despite reports of record-high COVID-19 cases across the country occurring daily, roughly two-thirds of long-term care organizations report that they have not increased move-in restrictions. That’s according...