Second-quarter senior housing occupancy rate is lowest on record, NIC says
By
Lois A. Bowers
Jul 10, 2020
Senior housing occupancy in the second quarter was at the lowest level on record since the National Investment Center for Seniors Housing & Care began reporting data in 2006, NIC said Thursday. Individually,...
Senior housing occupancy falls 1.1 percent in April, and May could see ‘pretty significant impact,’...
By
Lois A. Bowers
May 20, 2020
Occupancy in senior housing fell 1.1% to 88.7% in April, according to data released Tuesday by the National Investment Center for Seniors Housing & Care. The rate was 1% lower than the prior year, NIC...
Senior housing occupancy stable and ‘moving in the right direction’
By
Lois A. Bowers
Apr 12, 2019
The occupancy rate for senior housing across the United States in the first quarter of 2019 increased 0.1 percentage point from the previous quarter, to 88.1%, according to data released Thursday by the...
Best and worst markets for seniors housing occupancy
By
Lois A. Bowers
Jan 11, 2016
Seniors housing operators and investors will want to look beyond what is occurring nationally to what is happening in local markets, says NIC’s chief economist.
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
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...
‘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.
Nursing home occupancy reaches 2023 high of 81.2 percent
By
Lois A. Bowers
Sep 01, 2023
SNF occupancy in June was 81.2%, the highest it has been all year, according to the latest Skilled Nursing Monthly Report.
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...
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.