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 sees seventh quarter of occupancy gain as demand continues to outpace new supply
By
Kimberly Bonvissuto
Apr 07, 2023
Demand for senior living outpaced a continued slowdown in new supply in the first quarter, fueling an occupancy increase for the seventh consecutive quarter, according to new data from NIC MAP Vision released...
Senior living occupancy holds steady at 83 percent: NIC
By
Kimberly Bonvissuto
Feb 10, 2023
The all-occupancy rate for senior living (independent living and assisted living) has remained unchanged from December and stands at 83%, according to the latest data released from the National Investment...
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
Occupancy recovering more quickly in assisted living versus independent living: NIC
By
Kathleen Steele Gaivin
May 20, 2022
All-occupancy rates are up across senior living, but assisted living occupancy appears to be recovering more quickly than independent living, according to new data from the National Investment Center for...
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.
Senior living occupancy increases for second quarter in a row; delta variant has little effect
By
Kimberly Bonvissuto
Jan 06, 2022
Senior living (independent living and assisted living combined) occupancy increased for the second consecutive quarter, rising to 81% in the fourth quarter of 2021, according to NIC MAP data released Thursday...
Latest senior living stats reason to be ‘cautiously optimistic’ about comeback from pandemic
By
Lois A. Bowers
Oct 08, 2021
The latest NIC MAP quarterly data, released Thursday, provide reasons to be “cautiously optimistic” about the senior living industry’s comeback from the pandemic, National Investment Center for Seniors...