NIC: Demand for independent living strong in third quarter
By
Lois A. Bowers
Oct 05, 2016
Independent living experienced much activity over the past three months, for now quelling the fears of potential short-term trouble that had arisen after the second quarter for the property type.
Assisted living initial rates average 7.8% below average asking rate: NIC
By
Lois A. Bowers
Sep 14, 2016
Assisted living communities, on average, are in effect discounting their annual rates by almost a month, according to the inaugural Seniors Housing Actual Rates Report released Wednesday by NIC MAP at...
New opportunities in assisted living offer reasons for hope, leaders say
By
Lois A. Bowers
Oct 09, 2018
Times may be challenging for long-term care providers right now, but opportunities exist to help determine the future of the industry, leaders of the American Health Care Association and National Center...
Assisted living occupancy drops to record low in second quarter
By
Lois A. Bowers
Jul 13, 2018
The occupancy rate for assisted living continued its downward trend in the second quarter, falling lower than last quarter’s record-low average of 85.7% to a low of 85.2%, according to data released...
Assisted living sets record for price per unit
By
Lois A. Bowers
Mar 08, 2018
The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care...
NIC: Discounts for prospects still popular as resident rates increase
By
Lois A. Bowers
Sep 27, 2018
Assisted living operators are continuing to offer rent discounts to entice prospective residents, whereas in-place rate growth is picking up, according to the National Investment Center for Seniors Housing...
Failing health top reason for move to assisted living: survey
By
Lois A. Bowers
Oct 10, 2018
A recent survey identifies the top motivators for older adults’ moves to assisted living, and the most common themes behind them.
Assisted living costs up 11% over 5 years
By
Lois A. Bowers
May 10, 2016
Year-over-year costs for assisted living rose just 0.8% from 2015 to 2016, according to Genworth’s latest Cost of Care Study, but the picture doesn’t look as rosy when one takes the long view.
Inventory growth knocks assisted living occupancy to lowest point since 2009
By
Lois A. Bowers
Jul 12, 2017
Occupancy rates for assisted living communities reached their lowest point in eight years in the second quarter, driven down by inventory growth that outpaced healthy absorption rates, according to data...
Senior living market fundamentals stagnant in fourth quarter
By
Lois A. Bowers
Jan 12, 2018
Occupancy, annual absorption and construction as a share of existing inventory in senior living remained unchanged in the fourth quarter compared with the third quarter, the National Investment Center...