Life Plan Communities Continue to Outpace Rest of Senior Living Industry in Occupancy Rates

Life plan communities are continuing to see higher average occupancy than the rest of the senior living industry in 2023, according to a new analysis. . Total occupancy for the life plan community sector, which includes for-profit and not-for-profit communities, surpassed the rest of the industry in independent living, assisted living and memory care, according […]

Assisted Living Operators Closest to Returning to Pre-Pandemic Average Occupancy Levels

The senior living industry is racing back to pre-pandemic occupancy — and operators of assisted living communities appear to be closest to the finish line. Assisted living operators have since the start of the pandemic recovered roughly three-fourths of their overall occupancy losses, according to a new analysis from NIC MAP Vision. Independent living operators, […]

Average Senior Living Occupancy Exceeds 83%, Marking Seventh Straight Quarter of Growth

Strong demand for needs-based units drove senior living occupancy higher in the first quarter of the year, marking the seventh consecutive quarterly increase since the industry’s pandemic occupancy low in 2021. That is according to the latest occupancy data from the National Investment Center for Seniors Housing & Care (NIC) and NIC MAP Vision. Overall […]

Life Plan Community Occupancy Still Beating Senior Living at Large

Occupancy at life plan communities is continuing to outpace non-life plan communities as senior living operators work to grow occupancy back to pre-covid levels in 2023. According to a new report from Ziegler using NIC MAP Vision data, occupancy at life plan communities registered at 87.2% in the fourth quarter of 2022, a marked increase […]

CCRCs ‘Significantly Safer’ from Covid-19 Death than Non-Congregate Housing for Older Adults, Once Vaccines Available

The National Investment Center for Seniors Housing & Care (NIC) is forging ahead, going deeper on data than ever before and introducing new educational and research initiatives amid a “great transformation” underway in the senior living industry, NIC President and CEO Ray Braun said Wednesday at the organization’s spring conference in San Diego. “We need […]

Senior Living Lease-Up Rates Trend Toward Pre-Pandemic Levels — But Many Communities Still Reaching for 80% Occupancy

Senior living communities that opened their doors in 2022 experienced lease-up rates similar to those seen before the Covid-19 pandemic, a positive sign that the senior living industry could be returning to normal. And, that acceleration in lease-up speed was seen nationwide. This is according to a new analysis by NIC MAP Vision, an affiliation […]

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 […]

NIC Names Braun as President and CEO as Jurutka Steps Back

Raymond Braun is set to take over as president and CEO of The National Investment Center for Seniors Housing and Care (NIC), succeeding current president and CEO Brian Jurutka, the organization announced, on Wednesday. Braun, a former board member and previous NIC chairperson, most recently was dean of the Allen W. and Carol M. Schmidthorst […]