Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
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.
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.
Senior living occupancy continues to recover due to supply and demand
By
Kimberly Bonvissuto
Aug 15, 2023
Senior living (independent living and assisted living, including memory care) continues to see occupancy gains, and the outlook for the near-term is bright given supply and demand conditions, according...
Loan activity at record low for senior living: NIC
By
Kathleen Steele Gaivin
Aug 11, 2023
The issuance of new permanent debt reached a time series low for senior living — and a near record low for skilled nursing — in the first quarter based on the six years since the National Investment...
Responsive sales strategies will help senior living operators increase conversion rates
By
Kimberly Bonvissuto
Aug 10, 2023
As senior living occupancy edges toward pre-pandemic levels, operators need to adjust their strategies, which have been more responsive than reactive, to improve sales and marketing success, according...
Senior living occupancy rose 0.6 percentage points in second quarter: NIC
By
Kathleen Steele Gaivin
Aug 02, 2023
Senior living occupancy (independent living and assisted living) rose 0.6 percentage points to 83.7% from the first quarter to the end of the second quarter. That’s according to the analytics research...
Senior living operators optimistic about easing staffing challenges
By
Kimberly Bonvissuto
Jul 14, 2023
Staffing challenges appear to be easing, according to senior living operators responding to the latest National Investment for Seniors Housing & Care executive survey, the results of which were released...