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...
Assisted living occupancy inches up in third quarter
By
Lois A. Bowers
Oct 12, 2017
Occupancy in assisted living communities averaged 86.6% during the third quarter, up 0.2 percentage point from the second quarter, when it had fallen to its lowest point ever for the second time in 11...
What is active adult? NIC comes up with definition
By
Lois A. Bowers
Sep 09, 2022
With varying existing perceptions of what the growing “active adult” property type is, the National Investment Center for Seniors Housing & Care on Thursday released a definition in an effort to unify...
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.
It’ll be a shame if we don’t act soon to address caregiver issues
By
Lois A. Bowers
Sep 26, 2016
The United States probably won’t be implementing one country’s ideas to address challenges related to an aging population, but we need to do something, and quickly.
Assisted living initial rates average 7.8% below average asking rate: NIC
By
Lois A. Bowers
Sep 14, 2016
Assisted living communities, on average, are in effect discounting their annual rates by almost a month, according to the inaugural Seniors Housing Actual Rates Report released Wednesday by NIC MAP at...
Medicare Advantage is hot topic at NIC meeting
By
Lois A. Bowers
Feb 21, 2019
Thinking of becoming involved with Medicare Advantage efforts? These NIC Spring Conference speakers have tips for you.
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...
Assisted living sets record for price per unit
By
Lois A. Bowers
Mar 08, 2018
The average price per unit in assisted living increased by 14% to set a record of $221,250 per unit in 2017, according to new data. Separately, the National Investment Center for Seniors Housing & Care...
Way to grow! NIC will focus on key issues
By
Lois A. Bowers
Sep 26, 2017
The National Investment Center for Seniors Housing & Care’s new CEO, Brian Jurutka, lays out the organization’s plans for the future in this exclusive interview.