Though still not healthy, assisted living occupancy has improved slightly from historic lows. The occupancy rate for assisted living properties averaged 86.6% during the third quarter of 2017, which is 0.2 percentage points higher than the 86.5% average assisted living occupancy recorded in the second quarter of 2017. At the time, the 86.5% figure represented a […]
To date, no studies have been conducted to determine the impact that living in a life plan community has on seniors’ long-term health and wellness. For that reason, the research service arm of Evanston, Illinois-based senior housing provider Mather LifeWays is partnering with a Big Ten university to analyze that very subject. Mather LifeWays Institute on Aging […]
The strong desire of many older adults to age in their own homes continues to threaten the senior housing industry. To begin to attract more of these seniors, the industry will have to become more innovative, according to Dan Hutson, chief strategy officer at HumanGood, a Pleasanton, California-based operator of affordable housing and senior living communities. “Technology is […]
The 2017 National Investment Center for Seniors Housing & Care (NIC) Fall Conference just wrapped up in Chicago—or the home base of Senior Housing News. It was unseasonably hot in the Windy City, but that seemingly didn’t put a damper on industry players’ networking or dealmaking. In case you weren’t able to make the event, […]
Investing in the professional development of the immigrant senior care workforce and playing a role in their assimilation are two strategies senior living operators can implement in order to curtail the industry’s “alarming” labor shortage. That’s according two former political heavyweights who spoke Wednesday in a debate titled, “The Impact of the Trump Administration’s Policies on Economic […]
The senior housing industry has become increasingly data driven, but metrics like occupancy statistics and new construction starts can’t always be taken at face value—they might paint a rosier or bleaker picture than what is actually happening in a given market. That’s according to a pair of experts who spoke Tuesday at the National Investment […]
Assisted living communities are currently offering steeper move-in discounts than independent living providers, according to data from the National Investment Center for Seniors Housing & Care (NIC). “What we saw is that the monthly rate discount for independent living continues to be less than for assisted living,” NIC Chief Economist Beth Mace told Senior Housing […]
The rest of this year may prove busy for senior housing dealmakers, according to newly released survey results from the fourth annual National Real Estate Investor (NREI)/National Investment Center for Seniors Housing & Care (NIC) Seniors Housing Market Study. For the survey, NREI polled 153 commercial real estate professionals this past July about senior housing. From […]
Senior housing occupancy should start ticking up over the next 12 months, many commercial real estate (CRE) professionals believe. The fourth annual Seniors Housing Market Study from the National Real Estate Investor and the National Investment Center for Seniors Housing & Care (NIC) drew responses from 153 CRE pros. Among these respondents, 65% said that […]
Some standalone memory care providers are having a rough go of it. Take Lake Oswego, Oregon-based Anthem Memory Care, which is having trouble raising equity and paying its quarterly rent in full to LTC Properties (NYSE: LTC), its real estate investment trust (REIT) landlord. Anthem, for its part, expects to resolve certain staffing and occupancy issues within […]
