The senior living industry could be in need of over 200,000 new units by 2025, a figure that at current construction rates, remains out of reach presently. That projection comes from a recent article by the National Investment Center for Seniors Housing and Care (NIC) that highlights the impending gap between new development and impending […]
NIC
The National Investment Center for Seniors Housing and Care (NIC) has named Lisa McCracken as head of research and analytics as the organization continues to retool its leadership team. In her role, McCracken will oversee NIC’s research and analytics team that develops data-driven insights on senior housing industry challenges and opportunities, according to a news […]
This article is part of your SHN+ subscription During last week’s Q2 2023 earnings call, Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier characterized the company’s focus on higher-acuity settings as a competitive differentiator. “Our diverse portfolio of communities, with a higher mix of assisted living and memory care, sets us apart from the industry, […]
This is part of your SHN+ subscription Spurred by steady occupancy gains and favorable supply and demographic trends, senior living operators nationwide agree that senior living demand will explode in the years to come — but capturing that demand is far from a sure thing. As the boomers loom large over senior living in 2023, […]
This article is a part of your SHN+ membership Senior Star was down to 30 open positions across the company as of a few weeks ago. That’s a notable statistic, considering that the Tulsa, Oklahoma-based provider — like so many senior living operators — has faced severe labor challenges in the last few years. In […]
For years, the senior living industry has prepared to meet the needs of the incoming boomers en masse — and yet, the generation’s exact preferences and desires have seemed stubbornly opaque. But a new report released last month by the American Seniors Housing Association (ASHA) and conducted by the ProMatura Group offered a clear window […]
A new report from the American Seniors Housing Association (ASHA) is helping to answer a standing industry question: Who are the baby boomers and what do they want? The report, released Tuesday, gives an in-depth look at the kind of amenities, services and locales the baby boomer generation will want in the crucial years ahead. […]
Senior living capital markets are in the midst of a pricing reset, and well-positioned ownership groups could see major opportunities to acquire distressed properties ravaged by the Covid-19 pandemic. Senior living capital and debt markets have been disrupted by a grab bag of forces in the last 18 months, including the runway shortening on distressed […]
NIC Chief Economist Beth Maceis stepping back from her longtime post, but she isn’t going far. Mace is on June 21 transitioning to the role of consultant and special advisor, the National Investment Center for Seniors Housing & Care (NIC) announced Wednesday. “I’m at the point in my life that I am ready to slow […]
After two consecutive years of widespread rate increases at or above historic levels, one question hangs on the mind of senior living executives: Will there be another one? The senior living industry is waiting to see how a number of factors play out in the second half of 2023 before answering that question. Operators have […]