Occupancy increases for 13th consecutive quarter, but growth options don’t keep pace
By
Kimberly Bonvissuto
Oct 04, 2024
Senior living occupancy rates, as predicted, increased for the 13th consecutive quarter and are anticipated to continue to increase, tightening the availability of communities as surging demand begins,...
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...
Move-in rates slowing in some senior living segments, fueling occupancy gains
By
Kimberly Bonvissuto
Aug 30, 2024
Independent living saw the most notable slowdown in year-over-year move-in rates, had the highest discounts and experienced the greatest improvement in the pace of move-ins in the second quarter, according...
Senior living continues pandemic recovery with positive returns, increased occupancy
By
Kimberly Bonvissuto
Aug 16, 2024
Senior living posted a positive total return of 0.91% in the second quarter, led by independent and assisted living, according to the National Investment Center for Seniors Housing & Care.
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
Occupancy closes in on pre-pandemic levels with 11th consecutive quarterly increase: NIC
By
Kimberly Bonvissuto
Apr 05, 2024
Senior living occupancy continued to close in on pre-pandemic levels in the first quarter of 2024, as occupancy increased for the 11th consecutive quarter, according to data released Thursday by the National...
New AI tools can help with hiring, property analysis, senior care analytics giant says
By
Aaron Dorman
Mar 08, 2024
NIC MAP Vision AI has been launched to help streamline or expedite a variety of tasks typically considered time-consuming for LTC operators.
Occupancy sees 10th consecutive quarterly increase on way to expected return to pre-pandemic levels this...
By
Kimberly Bonvissuto
Jan 12, 2024
Senior living occupancy rates increased for the 10th consecutive quarter in the fourth quarter of 2023 and remain on track to return to pre-pandemic levels in the second half of this year, according to...
‘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....