COVID down, interest up, but senior living occupancy unchanged as inventory grows
By
Lois A. Bowers
Jul 09, 2021
Senior housing occupancy (independent living and assisted living combined) held steady at 78.7% in the second quarter, despite declining cases of COVID-19 and increasing interest in independent living...
Business briefs, May 15
By
Kathleen Steele Gaivin
May 15, 2023
Senior housing occupancy increases reflect strong demand: NIC… Bill would make Workers’ Memorial Day a federal holiday every April 28 … Humana partners with two DME companies to increase investment...
Business briefs for Wednesday, May 20
May 20, 2020
Seniors housing occupancy decreased by 1.1 percentage point, to 88.7%, and SNF occupancy was down 2.2 percentage points to 84.7% in April, according to NIC’s MAP Data Service … New legislation aims...
Senior living occupancy recovery affected by ‘idiosyncratic’ factors: NIC
By
Kimberly Bonvissuto
Sep 14, 2022
Demand recovery, inventory growth and the construction pipeline are the “trifecta” shaping senior living sector recovery, according to the National Investment Center for Seniors Housing & Care.
Senior living occupancy inches up in third quarter
By
Lois A. Bowers
Oct 07, 2021
A significant rebound in demand combined with a modest increase in supply contributed to a 1.4 percentage point increase in senior housing (independent living and assisted living combined) occupancy in...
Seniors housing demand keeping pace with growth, NIC says
By
Lois A. Bowers
Jan 06, 2016
Strong demand for seniors housing surpassed inventory growth for second consecutive quarter, according to data released Jan. 6 by the National Investment Center for Seniors Housing and Care’s MAP...
People in the news, Aug. 6
By
Eliza Mattson
Aug 06, 2024
Appointments, promotions and other news at BHI Senior Living, Ecumen, Emerald Communities, Erickson Senior Living, Front Porch Communities and Services, Kevala, LCS, Lifespace Communities, Springpoint,...
Welltower to focus on lower-needs assisted living as REIT forecasts multi-year occupancy gains
By
Kimberly Bonvissuto
Jul 31, 2024
Welltower CEO Shankh Mitra said Tuesday that, overall, he was pleased with the Toledo, OH-based real estate investment trust’s results in the second quarter, but he added that he is more excited about...
Senior living sees largest occupancy drop on record, NIC says
By
Lois A. Bowers
Oct 15, 2020
The senior housing sector — including independent living and assisted living — is experiencing its largest drop in occupancy on record, according to data released today by the National Investment Center...
Senior living wages finally stabilizing across core clinical roles: expert
By
Kimberly Bonvissuto
Aug 06, 2024
For the first time in at least three years, wage growth is stabilizing across the core clinical roles in senior living, according to one expert.