Senior living asking rates hit near-record highs in second quarter
By
Kimberly Bonvissuto
Sep 12, 2023
Asking rates were at near-record highs for senior living communities in the second quarter, according to a new report from NIC MAP Vision.
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...
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.
Payoff makes overcoming barriers to the active adult segment worth it, speakers say
By
Kimberly Bonvissuto
Mar 11, 2024
The senior living industry’s active adult niche will do best if well-executed, and that starts with understanding the consumer, according to experts speaking at the National Investment Center for Seniors...
Senior housing occupancy continues recovery while inventory growth sputters
By
Kimberly Bonvissuto
Mar 13, 2023
Amid inventory slowdowns in the wake of the pandemic, senior living occupancy has continued its recovery, according to NIC MAP Vision.
Rate increases may be scaring away prospective residents
By
Kimberly Bonvissuto
Aug 31, 2023
Senior living occupancy recovery continues to show encouraging trends, but rate increases could drive some prospective residents away from a community, according to an analysis of second-quarter occupancy...
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...
Senior living occupancy continues to be uneven, with assisted living leading recovery
By
Kimberly Bonvissuto
Nov 14, 2023
Senior living occupancy (independent living and assisted living combined) recovery continued to be uneven from August to September, with some markets achieving full recovery and others still working toward...
Senior living occupancy could reach pre-pandemic levels next year: NIC
By
Kimberly Bonvissuto
Oct 05, 2023
Sustained supply-demand trends could drive senior living occupancy rates to return to pre-pandemic levels in 2024, according to NIC MAP Vision and the National Investment Center for Seniors Housing & Care.
Occupancy sees 10th consecutive quarterly increase on way to expected return to pre-pandemic levels this...
By
Kimberly Bonvissuto
Jan 12, 2024
Senior living occupancy rates increased for the 10th consecutive quarter in the fourth quarter of 2023 and remain on track to return to pre-pandemic levels in the second half of this year, according to...