Investors predict senior living rent increases of 3 to 7 percent
By
Lois A. Bowers
Jan 02, 2024
Sixty-six percent of respondents to a newly released survey said they expect rental rate increases of 3% to 7% over the next 12 months for active adult, independent living, assisted living and memory care...
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Senior living construction challenges continue post-pandemic: NIC
By
Kimberly Bonvissuto
Dec 20, 2023
A combination of challenges have prolonged timelines for senior living projects since the onset of the COVID-19 pandemic, and those delays will become even more problematic as the senior living industry...
Quality, safety, accountability vital, industry leaders say, as Washington Post report cites deaths at...
By
Lois A. Bowers
Dec 18, 2023
Senior living industry leaders stressed their belief in the importance of quality, safety and accountability Sunday in response to a package of articles in the Washington Post titled “Memory Inc.,”...
Occupancy on way to 10th consecutive quarter of growth
By
Kimberly Bonvissuto
Dec 14, 2023
Senior living occupancy is on its way to 10 consecutive quarters of positive growth, according to NIC MAP Vision’s November intra-quarterly snapshot report.
Increased regulation, active adult, Medicaid HCBS top list of trends predicted for senior living in 2024
By
Kimberly Bonvissuto
Dec 13, 2023
Heightened state regulation, dementia care support, the rise of active adult communities and the increased provision of home- and community-based services to Medicaid beneficiaries are among the top trends...
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
Support, data, immigration reform necessary to address caregiver workforce shortage
By
Kimberly Bonvissuto
Dec 08, 2023
Supportive environments to increase retention, domestic and immigration policy reform, and solid data-gathering measures are among the recommendations coming out of a new report addressing the direct care...
CCRC occupancy continues to outpace non-CCRCs across all care segments: NIC
By
Kathleen Steele Gaivin
Dec 07, 2023
Overall, the third-quarter occupancy rate for continuing care retirement communities / life plan communities continued to outpace that of non-CCRCs across all care segments, according to recent analysis...
‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.