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 […]
NIC MAP
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 […]
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 […]
Senior living investors returned to the industry in 2022 as operator performance and favorable demographic trends drove interest. But many of them are now also more selective in the deals that they undertake. This is one of the observation in the Senior Housing National Report for the second half of 2022, which was recently published […]
Average senior living occupancy grew 90 basis points to 81.4% in the second quarter of 2022, representing the fourth consecutive quarter for census growth in the industry. That’s according to new quarterly occupancy data from NIC MAP Vision. The data — released Thursday — shows that although the industry has not fully recovered from its […]
Senior housing occupancy has grown for the third consecutive quarter since the pandemic began,, according to new occupancy data from the National Investment Center for Seniors Housing & Care (NIC). Occupancy in 31 NIC MAP primary markets inched up 0.2% in the first quarter of 2022 compared to the fourth quarter of last year, representing […]
Senior housing and care deals accounted for the highest transaction volume of any health care sector last year. Of the 1,094 health care transactions tracked in 2021, 403 mergers and acquisitions (36.8%) involved long-term care, according to a recent CliftonLarsonAllen report that cited Irving Levin Associates data. Independent living/active adult, assisted living and memory care, […]
The omicron variant of coronavirus drove Covid cases to an all-time high in the early days of 2022, putting senior living providers under intense pressure to start the year. In particular, providers are facing staffing challenges as infections among the workforce compound an existing and extreme labor crunch. Furthermore, evolving guidance from federal and state […]
Senior housing occupancy rose to 81% in the fourth quarter of 2021, an increase of one percentage point, marking the second consecutive quarter of occupancy growth. That’s according to quarterly NIC MAP Vision data released Thursday. The increase is 2.3 points higher than the pandemic low point of 78.7%. “This report was really bullish, encouraging, […]
The National Investment Center for Seniors Housing & Care (NIC) is strengthening its data analytics platform. The industry group this week announced the acquisition of VisionLTC, a data analytics platform based in Raleigh, North Carolina. The platform will be integrated into the group’s NIC MAP data service to create a new platform, NIC MAP Vision. […]
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