As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
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...
Assisted living occupancy hits record low of 85.7%, NIC says
By
Lois A. Bowers
Apr 13, 2018
Assisted living occupancy reached a record low in the first quarter of 2018, according to data released Thursday by the National Investment Center for Seniors Housing & Care.
The hottest markets for senior living
By
Lois A. Bowers
Mar 26, 2017
National Investment Center for Seniors Housing & Care Senior Principal Lana Peck revealed the areas of the country with the most new construction for independent living, assisted living and memory care...
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...
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 occupancy falls to all-time low, 80.7 percent: NIC
By
Lois A. Bowers
Jan 07, 2021
Occupancy at U.S. senior living communities — including independent living and assisted living communities — reached an all-time low of 80.7% in the fourth quarter of 2020, according to data released...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.