Data released Wednesday by the National Investment Center for Seniors Housing & Care’s MAP Data Service indicate a potentially rough road ahead for independent living operators.
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.
Senior living sees seventh quarter of occupancy gain as demand continues to outpace new supply
By
Kimberly Bonvissuto
Apr 07, 2023
Demand for senior living outpaced a continued slowdown in new supply in the first quarter, fueling an occupancy increase for the seventh consecutive quarter, according to new data from NIC MAP Vision released...
Ensign, Omega optimistic about paths to sustained long-term growth
By
Kimberly Bonvissuto
Aug 03, 2022
Although workforce challenges and the lingering effects of the COVID-19 pandemic continue to disrupt the long-term care industry, Ensign Group and Omega Healthcare Investors executives said that the companies...
Assisted living occupancy falls to lowest level since 2010
By
Lois A. Bowers
Apr 12, 2017
Occupancy for assisted living in the first quarter of 2017 averaged 87.2%, its lowest level since early 2010, according to data released Wednesday by the National Investment Center for Seniors Housing...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Invesque sees ‘light at end of tunnel’ following challenging year
By
Kimberly Bonvissuto
May 14, 2021
Although the past year was a challenging one for the senior living industry, Invesque Chairman and CEO Scott White said he has seen positive momentum in the company’s portfolio over the past 45 days...
Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Senior living occupancy recovery may stretch into 2023 — or 2028, leaders say
By
Lois A. Bowers
Jan 05, 2022
SAs the pandemic nears its second anniversary, occupancy appears to be moving in a positive direction but still may be in recovery mode at this time next year — and maybe for much longer, industry leaders...
Despite record-setting occupancy drop, pandemic could offer ‘silver lining’ for senior living, NIC...
By
Lois A. Bowers
Oct 16, 2020
Independent living and assisted living communities saw their largest occupancy drops on record in the third quarter of 2020, according to data released Thursday by the National Investment Center for Seniors...