Senior housing occupancy continues recovery while inventory growth sputters
By
Kimberly Bonvissuto
Mar 13, 2023
Amid inventory slowdowns in the wake of the pandemic, senior living occupancy has continued its recovery, according to NIC MAP Vision.
Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
Senior living wages finally stabilizing across core clinical roles: expert
By
Kimberly Bonvissuto
Aug 06, 2024
For the first time in at least three years, wage growth is stabilizing across the core clinical roles in senior living, according to one expert.
The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
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.
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
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...
Ensign, Omega optimistic about paths to sustained long-term growth
By
Kimberly Bonvissuto
Aug 03, 2022
Although workforce challenges and the lingering effects of the COVID-19 pandemic continue to disrupt the long-term care industry, Ensign Group and Omega Healthcare Investors executives said that the companies...
Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.