Senior Living Operators Report Length of Stay Improvement But Recovery Still Choppy

This content is part of your SHN+ subscription Senior living operators are improving care coordination and life enrichment offering for residents in a bid to improve length of stay (LoS) — while also being patient as the market appears to be normalizing from disruptions related to Covid-19. Many providers have reported that acuity among residents […]

New Occupancy, M&A Trends Prompt Hopes for Bigger Rebound Ahead in 2024

Next year will bring pre-pandemic occupancy levels and potentially “gangbusters” levels of transactions for the senior living industry. Or at least, that is what recent trends in census gains and dealmaking say. Last week, the National Investment Center for Seniors Housing & Care (NIC) along with NIC MAP Vision released their latest quarterly occupancy report, […]

Economic, Operational Trends Add More Fuel to Active Adult Boom

This article available as part of your SHN+ membership All signs point to 2024 being another banner year for the growth in the active adult sector, judging by recent news. Among the active adult-related headlines and storylines from the last few weeks, a few featured Greystar. Thanks to its sizable active adult portfolio, the company […]

Senior Living Occupancy Up for 8th Consecutive Quarter, Still Trailing Pre-Pandemic Levels

Average senior living occupancy rose to 83.7% in the second quarter of 2023, marking the industry’s eighth straight quarter for census gains. That’s according to the latest occupancy report from the National Investment Center for Seniors Housing & Care and NIC Map Vision. But while the latest figures represent a sizable gain from the industry’s […]

Senior Housing Investment Returns Slow in Q3 as Longer-Term Returns Remain Strong

Total investment returns for the senior living sector dipped to .59% in the third quarter of 2022, representing a drop from the 1.26% returns seen in 2Q22. Still, total returns were positive for the ninth consecutive quarter, a pace kept up since 2Q20 when returns turned negative on pandemic-related pressures. That’s according to a new […]

Inside Senior Living’s Massive, Untapped Behavioral Health Opportunity

Almost three-fourths of senior living residents in assisted living and memory care are living with behavioral health needs such as depression, anxiety and addiction. That was one eye-popping statistic from a study released last month by the National Investment Center for Seniors Housing & Care (NIC) and NORC at the University of Chicago. Independent living […]

What to Expect in Senior Living Rate Increases for 2023 — and How Consumers Might React

Senior living operators across the country are preparing residents for some of the most aggressive rate increases in industry history, as providers stare down another year beset with higher costs and labor pressures. In the current environment, increasing resident rates often has little to no impact on recovering margin lost during the Covid-19 pandemic. Instead, […]

How the Definition of Active Adult is Likely to Change

Last week, NIC released a report defining the active adult product type, answering a question hovering over the senior housing industry. NIC defined active adult as: age-restricted, market-rate, multifamily housing properties that are lifestyle-focused and do not provide meals through general operations. The report also included plenty of new information regarding the size and scope […]

Claims, Staffing Woes, Natural Disasters Drive Insurance Premium Increases

Property and professional liability insurance premiums have steadily risen since the start of the Covid-19 pandemic, and a new survey shows that trend is seemingly continuing in 2022. About half of all respondents to the latest Executive Insights Survey from National Investment Center for Seniors Housing & Care (NIC) reported that property and liability insurance […]