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 […]
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 […]
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 […]
As recession fears let up and historically low occupancy trends turn positive, the senior living industry may be able to rest a little easier about its prospects for 2020 — but it shouldn’t rest on its laurels, either. That’s because many of the disruptive forces that have molded the industry in recent years aren’t going […]
Average senior housing occupancy inched forward in Q4 2019 to 88.1%, up 10 basis points from the previous quarter’s 88% rate, according to new data from the National Investment Center for Seniors Housing & Care (NIC). But a deeper dive into the data paints a richer picture, including a possible inflection point for assisted living, […]
It’s been an eventful and in many ways difficult year for the senior housing industry — and it’s not over yet. But as calendars turn over to December, it’s time to take stock. With that in mind, we’ve compiled some of the most vivid and powerful quotes that appeared in Senior Housing News this year. […]
Conventional wisdom states that consumers are attracted to shiny new senior housing product that has flooded certain markets in recent years, putting older properties at a disadvantage and eroding their occupancy. This is not necessarily the case, as statistics show that top-performing senior housing properties tend to be between 10 and 17 years old. However, […]
Retiring seniors are no longer basing their housing decisions mainly on warmer climates, and senior housing developers and operators should take notice. A report from the U.S. Department of Health and Human Services’ Administration for Community Aging revealed that five states saw 50% spikes in their over-65 population between 2007 and 2017. Those states are: […]
Technically speaking, independent living remains the consumer entry point into senior housing — the first step in the traditional care continuum. But as senior living operators know too well, consumers at that entry point are older than in the past, with many now well past 75. That’s why so many senior housing operators are looking […]
Date: November 5, 2019Time: 1:00 PM CDT – 2:00 PM CDTRegister Now Who Are America’s Middle Income Seniors and How Can We Care for Them? The Forgotten Middle is a fast-growing and significant demographic group of seniors that demands attention and planning. By 2029, there will be 14.4 million middle-income seniors in the U.S., many […]