As the U.S. becomes more racially and ethnically varied, life plan communities would do well to try and attract a more diverse resident and employee population, according to a new report from senior living marketing firm Love & Company. Still, if the data is any indication, such communities have a long way to go. For the […]
Category: Data
The need for senior living operators to start looking at managed care is at a critical inflection point. With continuing growth projected in managed care plans, owners, operators and developers need to position their organizations and communities to navigate this new landscape with a variety of partners in the care continuum. Register now and join […]
Nationwide, senior housing occupancy has reached its lowest level in over eight years. Occupancy at U.S. seniors housing communities averaged 87.9% in the second quarter of 2018, dropping 0.4 percentage points from the first quarter of 2018 and 0.8 percentage points from the same time last year, according to newly published data from the National Investment Center […]
Predicting the adequacy of future senior housing inventory is tough, and depends in part on assumptions about the age at which people move in, according to a new blog post from the National Investment Center for Seniors Housing & Care (NIC). The blog post compares the estimated 45,000 units of new supply delivered across the U.S. in […]
Assisted living and memory care units generally fill up faster than their independent living counterparts, according to newly shared data from the National Investment Center for Seniors Housing & Care (NIC). The analysis, detailed in a June 6 NIC blog post, is based on a roughly 12-year time series of primary- and secondary-market leasing patterns collected […]
While some markets in the U.S. are undergoing periods of senior housing oversupply, much of Canada is experiencing the opposite Specifically, Canada is facing a “severe housing shortage” for older adults, according to new research from global credit rating agency DBRS. The report, “Analyzing the Canadian Senior Housing Dilemma,” is based partly on recent senior housing figures compiled by the Canada […]
It’s no secret that the need for caregiving services tends to grow with age, but a newly released report from the federal Administration for Community Living sheds light on just how many older adults in the U.S. need personal care. The percentage of older adults age 85 and older needing help with personal care was […]
Senior living sales and marketing leaders say they’re taking the blame for the industry’s sagging occupancy rates, even as they’re making due with similar, or even smaller, budgets than in past years. That’s according to a new survey from digital marketing agency Linkmedia 360. For the “2018 Senior Living Sales and Marketing Leadership Guide,” the agency surveyed roughly 200 people […]
The average price per assisted living unit in the U.S. has hit a new high-water mark despite some industry pressures. Average price per unit paid grew by 14% to a new record of $221,250t, according to the latest Senior Care Acquisition Report from market intelligence firm Irving Levin Associates. The average cap rate for assisted living communities […]
Real estate investors are increasingly becoming interested in senior housing as an alternative property sector, according to a new “Americans Investor Intensions Survey” from commercial real estate services and investment firm CBRE (NYSE: CBG). The survey, held annually, reflects the sentiment of nearly 300 investors focused on the U.S. in coming year. Roughly 20% of respondents […]