Increasing demand for active adult communities driving higher occupancy rates: NIC
By
Kimberly Bonvissuto
Sep 03, 2024
Longer life expectancy, increased solo aging and changing lifestyle preferences are driving demand for active adult rental properties as occupancy rates soar into the mid-90s, according to the National...
Innovation will attract the next-generation consumer to senior living, speakers say
By
Kimberly Bonvissuto
Oct 26, 2023
CHICAGO — The baby boomers will change the senior living industry dramatically and already are pushing it to a point of reckoning, according to a panel of experts discussing the next generation of 55-plus...
Buoyed by occupancy success, Thrive plans growth in active adult
By
Kimberly Bonvissuto
Aug 25, 2023
Some senior living operators continue to rebuild occupancy in the wake of the pandemic, but three Thrive Senior Living communities have achieved 100% occupancy — with one community at full capacity for...
Demographics, changing consumers lead former Five Star, now AlerisLife, to expand into active adult,...
By
Kimberly Bonvissuto
Jan 27, 2022
An aging demographic and changing consumer demand have led one of the country’s largest senior living companies to pivot from its primary role as an owner and operator of independent living, assisted...