Senior housing market likely to rebound from pandemic recession: NIC analysis
By
Kathleen Steele Gaivin
Jun 07, 2021
The senior housing market rebounded during the 2007-09 global financial crisis and is likely to bounce back similarly from the COVID-19 recession, according to side-by-side analyses of the two economic...
Nearly half of senior living properties see occupancy increase
By
Kathleen Steele Gaivin
Aug 03, 2021
Approximately 18% of properties within the 31 NIC MAP Vision primary markets, and 18% of properties within the 68 secondary markets, reported an increase in occupancy rates in the second quarter, according...
Economy showing ‘nascent signs of softening,’ expert says, but mild recession may be on horizon
By
Kathleen Steele Gaivin
Dec 08, 2022
The consumer price index increased 7.7% from October 2021 to October 2022, marking the smallest 12-month advance since January.
Demand patterns reverse course for skilled nursing
By
Kathleen Steele Gaivin
May 17, 2022
After reaching dramatic lows during the pandemic, demand patterns for skilled nursing have reversed over the past year, according to the National Investment Center for Seniors Housing & Care.
Individual senior living properties perform about as well as they did a year ago: NIC analysis
By
Kathleen Steele Gaivin
Sep 27, 2021
Last year’s senior living occupancy seems to be an indicator of current performance, according to Beth Burnham Mace, chief economist, and Anne Standish, research statistician, at the National Investment...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Assisted living demand reaches ‘highest level ever’: NIC
By
Kathleen Steele Gaivin
Oct 07, 2022
The number of occupied units in assisted living is at its highest level ever, according to the National Investment Center for Seniors Housing & Care. The organization released quarterly data on Thursday.
Assisted living, independent living see ‘absorption in the green’ for first time in more than a year
By
Kathleen Steele Gaivin
Sep 13, 2021
The year-over-year change in occupied units for both assisted living and independent living was positive in August, at 1% and 0.4%, respectively, according to the intraquarterly report published last week...
‘Needs-based character’ makes senior living attractive to investors, expert says
By
Kathleen Steele Gaivin
Sep 22, 2021
Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
CCRC occupancy increased to 86 percent in second quarter: Ziegler
By
Kathleen Steele Gaivin
Aug 18, 2022
Overall occupancy in continuing care retirement / life plan communities increased to 86% in the second quarter in the 99 primary and secondary markets followed by NIC MAP, according to an article in the...