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.
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...
Senior living occupancy increases again but still lags pre-COVID levels
By
Lois A. Bowers
Jul 07, 2023
Senior living occupancy marked eight consecutive quarters of increases in the second quarter, but pre-pandemic levels remain elusive, according to NIC MAP Vision data analyzed by the National Investment...
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...
More than half of senior living operators see move-in pace accelerate: NIC
By
Kimberly Bonvissuto
May 08, 2023
More than half of senior housing operators are reporting an increase in the pace of move-ins — the highest percentage since April 2022 but still below peak 2021 numbers, according to the National Investment...
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...
Survey results support socialization benefits of senior living communities
By
Kimberly Bonvissuto
Mar 14, 2023
The results of a new poll on loneliness will come as no shock to senior living providers — adults aged 50 to 80 who live alone report higher rates of social isolation than those who live with others.