Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Operator survey: Coronavirus hasn’t scared families away from moving loved ones into senior living
By
Lois A. Bowers
Mar 24, 2020
The coronavirus has not negatively affected senior living community move-ins to date, according to the results of a newly released survey conducted by Activated Insights in conjunction with the National...
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...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
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...