Average initial move-in rates for both independent living and assisted living properties were below average asking rates for the fourth quarter of 2017, according to data from the National Investment Center for Seniors Housing & Care (NIC) released Wednesday. However, the rate of move-ins in assisted living equaled or surpassed the rate for move-outs in […]
Category: Data
Senior housing and care investors and operators see appeal in senior living communities that offer both independent and assisted living services, according to a new survey from professional services firm JLL (NYSE: JLL). JLL’s Year-End 2017 Seniors Housing Investor Survey, released Thursday, included more than 250 potential respondents, including investors, operators, developers and lenders in the […]
Updated figures from the National Investment Center for Seniors Housing & Care (NIC) show 2017’s senior housing and care transaction dollar volume was a little more robust than initially reported, coming in at $16.6 billion rather than the initially reported $14.1 billion. With the revised numbers, 2017’s total volume was up 14.4% from the $14.5 billion logged […]
Hospice care administered in an assisted living community is seen as higher quality than hospice care offered in a nursing home—but not as good as home hospice care, according to a new Journal of the American Geriatrics Society study from the Indiana University Center for Aging Research and the Regenstrief Institute. The study compared the quality of hospice […]
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
Senior housing construction costs are rising and showing no signs of slowing down, according to a Jan. 25 construction costs brief prepared by Larry Graeve, senior vice president of construction firm The Weitz Company. The brief was prepared for the American Seniors Housing Association (ASHA). Like last year, an ongoing labor shortage in the construction […]
Independent living is still holding the most allure for senior housing investors amid robust interest in the industry as a whole. The “active adult” sector, which targets younger seniors, is also gaining luster, while interest has diminished in the more needs-based area of memory care. That’s the latest from the winter 2018 U.S. Seniors Housing & […]
In response to the industry’s ever-persistent recruiting and retention issues, senior living providers are increasing caregivers’ work hours, according to Argentum’s Senior Living Labor & Workforce Trends: 2018 Forecast. Citing data from the U.S. Bureau of Labor Statistics (BLS), the Alexandria, Virginia-based national senior living industry trade organization found that the average hours worked by […]
Health care senior executives are entering the new year bullish in their mergers and acquisitions (M&A) strategies, according to a survey conducted by Capital One Financial Corporation (NYSE: COF). More than 300 senior health care executives were surveyed by the McLean, Virginia-based financial holding firm Between Nov. 15 and Dec. 6, 2017. Among those surveyed, exactly […]
Talk to any senior living operator about challenges they see on the horizon and they’ll all likely mention the same thing: staffing. After all, hiring and retaining senior living employees is typically much easier said than done, especially as providers duke it out over attracting the most talented leaders and workers. As if the problem […]
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