‘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,...
Assisted living recovering more quickly than independent living: NIC
By
Kathleen Steele Gaivin
Jul 08, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, and assisted living is best poised for recovery within the sector,...
Proposed pilot an opportunity to spotlight assisted living’s benefits: ASHA
By
Kimberly Bonvissuto
May 26, 2022
A proposed pilot program to expand veterans’ access to assisted living is an “economically sound and sensible approach” to demonstrating the benefits of the setting, according to the American Seniors...
Assisted living pioneer celebrates 50 years
By
Amy Novotney
May 18, 2022
Christian Living Communities is celebrating the 50-year anniversary of its founding this month. Read more, and find out how to submit your photos!
Senior living occupancy increases for third quarter in a row, led by assisted living
By
Lois A. Bowers
Apr 08, 2022
Occupancy in senior living communities in the first quarter increased for the third quarter in a row, according to NIC MAP data released Thursday afternoon related to the 31 primary markets that NIC MAP...
Genworth: Acuity, luxury drive up assisted living costs 3.36% in 2017
By
Lois A. Bowers
Sep 27, 2017
The annual median cost of assisted living increased 3.36% from 2016 to 2017, according to the Genworth 2017 Cost of Care Survey, released Tuesday. There are two main reasons.
Nine characteristics of affordable assisted living
By
Brett Murphy
Steve Kennedy
Aug 28, 2017
For the seniors housing and care industry, now is the time to invest in and develop more affordable assisted living options.
Assisted living occupancy falls to lowest level since 2010
By
Lois A. Bowers
Apr 12, 2017
Occupancy for assisted living in the first quarter of 2017 averaged 87.2%, its lowest level since early 2010, according to data released Wednesday by the National Investment Center for Seniors Housing...
Where assisted living is the most and least expensive: survey
By
Lois A. Bowers
Feb 15, 2017
Average monthly assisted living costs range from $3,051 for a studio apartment in Louisiana to $6,936 for a two-bedroom apartment in Delaware, according to the state results of Lincoln Financial Group’s...
The looming payment challenge few are talking about
By
John O'Connor
Jun 30, 2016
If you are a senior living operator and your rents went up a bit last year, that’s a good thing, right? As it turns out, the answer may not be so obvious.