Repositioning plans can help improve census, margin in senior living
By
Kimberly Bonvissuto
Oct 20, 2023
Revitalizing marketability and driving higher occupancy in a competitive senior living market can be boiled down to developing strategic repositioning plans to ensure a successful future, according to...
Take the points
By
John O'Connor
Oct 12, 2023
Several pieces of news provide reasons to feel optimistic about the near future of senior living.
Brookdale Senior Living reports 23 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Oct 11, 2023
Brookdale Senior Living reported 23 consecutive months of year-over-year weighted average occupancy growth in an update released Monday.
Senior living poised to become ‘darling child’ of real estate, expert says
By
Kathleen Steele Gaivin
Oct 06, 2023
The senior living sector is poised for recovery over the next 12 to 18 months, according to Aron Will, CBRE’s vice chair and co-head of National Senior Housing Practice Capital Markets. In fact, he said,...
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.
Train employees for ‘acuity creep’ or face potential risk
By
Kimberly Bonvissuto
Oct 03, 2023
DENVER—The level of needs of older adults moving into assisted living communities today is similar to that of seniors who would move into nursing homes in the past, and if operators and providers don’t...
Senior living occupancy on track for 9th consecutive quarterly gain
By
Kathleen Steele Gaivin
Sep 14, 2023
Senior living (independent living and assisted living, including memory care) is “on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the...
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.
Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...