Stabilized Senior Housing Occupancy Falls to 88.7% in April

The coronavirus pandemic sent occupancy rates for senior housing and skilled nursing communities on a downward trajectory in April, according to a new intra-quarterly report released Tuesday by the National Investment Center for Seniors Housing & Care (NIC). Senior housing stabilized occupancy among NIC’s 31 primary markets dropped 110 basis points to 88.7% — the […]

Covid-19 Makes Quest for Middle-Market Senior Living More Urgent Than Ever

The coronavirus pandemic is highlighting the need — and current lack — of middle-market senior housing, but Covid-19 may also be opening the door for investors and operators to meet growing demand for this product. Investor groups are studying the market landscape to determine how to crack the middle-market equation, and many see the easiest […]

Covid-19 Driving Cap Rate Expansion, Could Lead to Pricing Disconnect for Senior Living

While the Covid-19 pandemic will surely cause major disruptions in the short-term, the senior housing industry is still a good long-term bet if the economy rebounds relatively quickly. The conditions which have girded the senior housing market in recent years — changing demographics chief among them — are not expected to leave with Covid-19. At […]

Covid-19 Is Costing The Springs Living, But Provider Will ‘Hold the Line’

The senior living industry may come out of the new pandemic era with an even stronger position than before — but in the meantime, operators are taking a hit on net operating income and are relying on support from their capital partners and even their competitors to weather the storm. For example, McMinnville, Oregon-based provider […]

Senior Living Capital Markets at ‘Peak Volatility,’ But Sector Has Advantages

The Covid-19 pandemic has created an environment of peak volatility for senior living, but the industry’s need-based, recession-resilient components open it up to available sources of liquidity. And as a real estate class, it is far more stable than other product such as retail and hotels. Already, lenders are retreating to the sidelines, becoming extremely […]

Brighter Forecasts for Senior Living in 2020 Now Clouded By Coronavirus

Earlier this year, there were signs that the senior housing industry was on its way to a recovery, following a period of oversupply and other headwinds. Then came Covid-19, the disease caused by the so-called novel coronavirus that has sickened at least 100,000 people, roiled economic markets and has disrupted daily life across the globe. […]

It’s Sobering: Why Older Senior Housing Stock Is Hard to Reposition for Middle Market

With 54% of middle-market seniors expected to be unable to afford market-rate senior housing by 2029, developers and operators are considering renovating older buildings to serve a lower price point. Indeed, this is the top strategy for meeting middle-market demand, according to the 2020 Senior Housing Outlook report from Senior Housing News and Hunt Real […]

Rising Occupancy Sparks Hope of Assisted Living Turnaround

After years of oversupply, recent data suggests a turnaround could be taking hold for assisted living. Some of the nation’s largest providers expect to gain further momentum in the months ahead, although some areas of the country have yet to benefit from improved market dynamics. Fourth quarter 2019 data from the National Investment Center for […]

11 Markets With Weak Assisted Living Rent Growth

When it comes to assisted living rent growth, senior living providers in some markets are lagging behind. In fact, there are 11 major metro areas where assisted living rent growth and occupancy is behind the curve, according to a new report from the National Investment Center for Seniors Housing & Care (NIC). The report, authored […]