Assisted living occupancy declines at highest rate since April: NIC
By
Amy Novotney
Aug 20, 2020
The occupancy rate for senior living properties with a majority of assisted living units fell 1.7% last month, according to new data from the National Investment Center for Seniors Housing & Care’s NIC...
Assisted and independent living hit new occupancy lows: NIC
By
Amy Novotney
Dec 18, 2020
The stabilized occupancy rate for majority assisted living properties fell again in November, dropping 0.1 percentage point to 80.6%, according to the latest intra-quarterly snapshot report from the National...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
More investors allocating capital to alternative real estate assets such as senior living: JLL
By
Amy Novotney
Mar 31, 2021
Last year, amid the turbulence of the overall U.S. commercial real estate industry and increasing volume declines, many investors increased their activity in some alternative property sectors, including...
Facility expansion plans highlight industry conflicts possible around country
By
Amy Novotney
Apr 12, 2021
While one Largo, FL, assisted living community looks to expand its available bed count, nearby competitors are sharing concerns that the move will put even more strain on an industry still reeling from...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Decline in nursing home residents spurs long-planned strategic moves for one long-term care operator
By
Amy Novotney
Apr 20, 2021
The COVID-19 pandemic has offered a bit of a silver lining for one Connecticut long-term care operator: the impetus for making long-planned strategic changes in skilled nursing and an expansion in its...