Monday Jump-Start: NIC Occupancy Data, Brookdale’s ‘Options and Alternatives’

Happy Monday!

Tax Day is tomorrow—but we’re sure you already knew that. To avoid thinking about it, here’s a recap of what we covered last week: 

The senior housing industry dealt with an unfortunate combination of high supply and low demand in early 2017—with the result being the lowest occupancy rate since mid-2013.

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It seems as though most senior living communities struggle to get at least half of their employees engaged, according to new research from Holleran.

At the recent Senior Housing News Summit in Washington, D.C., senior living CEOs revealed why technology alone cannot save a low-performing operator, and how the industry is still lacking when it comes to big data. 

Brookdale Senior Living (NYSE: BKD) announced that one of its board members is resigning and confirmed it is still in talks to explore strategic options.

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Senior housing isn’t expected to see as much growth as other housing categories in 2017, according to new data.

Also in the News

‘Everybody Knows Somebody’: This State is a Laboratory for the Future of Alzheimer’s in America—North Dakota has the country’s second-highest death rate from Alzheimer’s disease, STAT reports. Consequently, the state is “an ideal laboratory to glimpse at the future of Alzheimer’s in America, and to identify strategies that could help the rest of the country cope,” the article says.

This Stunning House Accommodates Boomers, Gen-Z and Everyone in Between—The Charles House, located in a suburb of Melbourne, Australia, was built for people who want a place they could live with their family members for more than 25 years, Fast Company reports.

What’s So Funny About Aging? Minnesota Seniors Find Vitality Through Improv Comedy—The Brave New Workshop Student Union in Minneapolis, Minnesota, teaches popular improv comedy classes for seniors, the Star Tribune reports.

Written by Mary Kate Nelson

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