Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Memory care initial rates average 8.5% below average asking rate: NIC
By
Amy Novotney
Sep 10, 2020
Average initial rates for residents moving into independent living, assisted living and memory care segments were below average asking rates amid the COVID-19 pandemic, with monthly spreads generally largest...
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
The NBA can help seniors housing operators tackle the COVID-19 pandemic
By
Amy Novotney
Jul 30, 2020
With the National Basketball Association set to resume its season tomorrow, COVID-19 is forcing the league to focus on new ways of doing business. And there’s a lot seniors housing and care can learn...
COVID-19 penetration lowest in independent living: NIC survey
By
Amy Novotney
Jul 24, 2020
COVID-19 penetration rates remain lowest in independent care settings, finds the latest survey released Thursday by the National Investment Center for Seniors Housing & Care.
Business briefs for Thursday, July 23
By
Amy Novotney
Jul 23, 2020
NIC issues RFP for national study comparing COVID-19 effects in senior living and care facilities compared to non-congregate settings … SEC issues new final rule requiring proxy advisory firms to disclose...
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...
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...
Occupancy declines continue, despite new admissions: report
By
Amy Novotney
Jul 01, 2020
Occupancy downturns are continuing, even as many senior living operators begin accepting new residents. It’s a sign that the industry still has a long, slow recovery ahead, according to a report...