Senior living occupancy falls slightly in first quarter as industry braces for COVID-19 impact
By
Lois A. Bowers
Apr 10, 2020
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...
Assisted living occupancy falls to all-time low in second quarter, NIC says
By
Lois A. Bowers
Jul 12, 2019
Assisted living occupancy in the second quarter fell to 85.1%, the lowest point since the National Investment Center for Seniors Housing & Care began collecting data in 2006, the organization said Thursday.
Middle market could provide answer to occupancy, oversupply issues, CEO says
By
Lois A. Bowers
Apr 25, 2019
Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending...
Senior living’s biggest challenge officially has been revealed
By
John O'Connor
Apr 25, 2019
A landmark study released this week paints a sobering portrait of senior living affordability for many older Americans. It also should send this strong message to many operators: Change or else.
Modest senior living cost growth presents marketing opportunity, experts say
By
Lois A. Bowers
Apr 23, 2019
Modest rate increases necessitated by imbalances in supply and demand offer senior living operators in some U.S. markets a marketing opportunity if they’re willing to change their thinking, according...
Assisted living occupancy down, but so is construction, and rents are up: report
By
Lois A. Bowers
Sep 10, 2018
Occupancy in assisted living will continue to trend downward this year, but the good news for operators is that the construction that contributed to occupancy woes will decrease, and average rents will...
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...
Pay no attention to senior living’s identity crisis
By
John O'Connor
Apr 19, 2018
The latest occupancy numbers for assisted living point to absorption issues. But they may reveal another issue as well.