Increase in memory care units in CCRCs due to growing demand, reduced skilled nursing footprint
By
Kimberly Bonvissuto
Sep 16, 2024
The memory care segment in continuing care retirement / life plan communities has been steadily growing over the past decade, answering a “clear need” from its resident base, according to the National...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...
Business briefs, Feb. 2
By
Kathleen Steele Gaivin
Feb 02, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Erickson’s Lantern Hill transitions to 80% refundable entrance fee structure … 2Life Communities’ Solimine House in Lynn, MA, awarded...
‘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.
Actions & Transactions, Nov. 20
By
Kathleen Steele Gaivin
Nov 20, 2023
Capital Funding Group closes $7.2-million HUD loan to refinance SNF in Kentucky … Morning Pointe Senior Living breaks ground on new Knoxville memory care community … Lutheran Social Services closes...
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.
Memory care’s dynamics make it an attractive senior housing investment prospect: NIC
By
Kimberly Bonvissuto
Jun 20, 2023
Increasing demand, combined with notable pandemic recovery, make memory care an attractive prospect for investors, but senior housing stakeholders looking to capitalize on the trend need to understand...
‘Red-hot inflation’ drives senior living asking rates to record high
By
Kathleen Steele Gaivin
Sep 08, 2022
Senior living asking rates were driven to record highs in June compared with the previous year, as the Federal Reserve raised interest rates in response to “red-hot inflation,” according to Omar Zahraoui,...
Senior living occupancy falls slightly in first quarter as industry braces for COVID-19 impact
By
Lois A. Bowers
Apr 10, 2020
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior...
Senior living braces for changes in 2020 as top challenges remain
By
Lois A. Bowers
Jan 02, 2020
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to...