The second quarter went “generally according to plan” except for challenges with occupancy issues at some assisted living communities operated by one company and a major cyberattack that disrupted...
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...
Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
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 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.
‘Transformational’ year sees Invesque continue to pare portfolio to focus on private-pay senior housing
By
Kimberly Bonvissuto
Mar 17, 2023
During a “transformational” 2022, Invesque continued working toward its goal of simplifying its portfolio to become a company focused predominantly on private-pay senior housing.
Seniors housing construction hits cyclical high
By
Lois A. Bowers
Oct 07, 2015
Seniors housing construction hit a new high for the market cycle, according to third quarter 2015 data released by the National Investment Center for Seniors Housing and Care’s MAP Data Service.
NIC: Senior living occupancy drops again in May but could be stabilizing
By
Lois A. Bowers
Jun 17, 2020
Occupancy in independent and assisted living continued declining in May but could be stabilizing, the National Investment Center for Seniors Housing & Care said Tuesday as the organization released new...
Some wonder if building spree will damage occupancy levels
By
John Hall
Feb 01, 2016
Many financial experts look at the current senior living construction boom as a foregone conclusion.
As assisted living operators look to the future, one strategy may depend on helping families navigate the ability to pay for care for their loved ones, housing experts said Tuesday.