Senior living occupancy increases again but still lags pre-COVID levels
By
Lois A. Bowers
Jul 07, 2023
Senior living occupancy marked eight consecutive quarters of increases in the second quarter, but pre-pandemic levels remain elusive, according to NIC MAP Vision data analyzed by the National Investment...
Memory care’s dynamics make it an attractive senior housing investment prospect: NIC
By
Kimberly Bonvissuto
Jun 20, 2023
Increasing demand, combined with notable pandemic recovery, make memory care an attractive prospect for investors, but senior housing stakeholders looking to capitalize on the trend need to understand...
Competition leads to ‘pronounced’ changes in senior living occupancy dynamics: NIC
By
Kimberly Bonvissuto
Jun 12, 2023
The senior housing market is experiencing a “pronounced change in occupancy dynamics,” reflecting “intense” competition between new and existing properties, according to the latest NIC MAP Vision...
Brookdale Senior Living’s HealthPlus care coordination program expands to more communities
By
Lois A. Bowers
May 10, 2023
Brookdale Senior Living’s test of a value-based care coordination program for residents delivered “extremely promising” results, and the program now is being rolled out to additional communities,...
National senior living benchmarks can help providers use statistics to make decisions
By
Kimberly Bonvissuto
May 09, 2023
NEW ORLEANS—Senior living providers who have tools to measure, track and analyze relevant sales performance metrics are in an ideal position to implement best practices and optimize their sales teams...
More than half of senior living operators see move-in pace accelerate: NIC
By
Kimberly Bonvissuto
May 08, 2023
More than half of senior housing operators are reporting an increase in the pace of move-ins — the highest percentage since April 2022 but still below peak 2021 numbers, according to the National Investment...
‘It feels good’: Senior living recovery continues to gain traction as labor challenges improve: Sabra
By
Kimberly Bonvissuto
May 05, 2023
Sabra Health Care REIT is continuing to see traction in operational recovery as senior living operators that overcame labor and wage challenges over the past two years now focus on occupancy, CEO and Chairman...
Strong senior housing growth fuels quarter of exceeded expectations for Welltower
By
Kimberly Bonvissuto
May 04, 2023
Although acknowledging that senior housing operators “still have a long way to go” to recover from the pandemic, Welltower CEO Shankh Mitra on Wednesday said the Toledo, OH-based real estate investment...
Senior living and care industry remains ‘quite fragile’ but on road to recovery: Omega CEO
By
Kimberly Bonvissuto
May 04, 2023
Omega Healthcare Investors’ bottom line took a hit in the first quarter as operator restructurings from the prior quarter kicked in to advance pandemic recovery. But CEO Taylor Pickett said the long-term...
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...