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...
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.
Senior living sees overall occupancy increase for 12th consecutive quarter
By
Kimberly Bonvissuto
Jul 12, 2024
Senior living occupancy saw its 12th consecutive quarter of overall occupancy gains in the second quarter, although independent living broke previous patterns by surpassing assisted living in its occupancy...
Older Americans Act discussion draft prompts litany of recommendations from senior living industry
By
Kimberly Bonvissuto
Jul 26, 2024
Addressing long-term care opportunities for the direct care workforce and adopting an all-of-government approach to aging are among the recommendations senior living leaders made in comments to senators...
Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
2024 presents ‘golden opportunity’ for senior living to increase occupancy: NIC
By
Kimberly Bonvissuto
Feb 20, 2024
Volatile capital market challenges aside, senior living communities have a “golden opportunity” to increase occupancy and drive operational growth in 2024 thanks to favorable supply demand market dynamics.
Senior living ‘on cusp of notable upswing,’ NIC says as new report series launches
By
Kimberly Bonvissuto
Apr 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing...
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC
By
Kimberly Bonvissuto
Apr 05, 2024
Senior living occupancy continued to close in on pre-pandemic levels in the first quarter of 2024, as occupancy increased for the 11th consecutive quarter, according to data released Thursday by the National...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...