Some aging baby boomers are rejecting the term “senior citizen,” but potential replacements like “perennial” are not yet gaining widespread traction. Other potential new terms, such as “vintage” and “golden ager,” also aren’t catching on widely, according to an article published Thursday in The Wall Read More »
Memory Care Inventory Surged, Occupancy Sank in Last Four Years
Memory care communities have seen the most inventory growth, and suffered the largest occupancy decline, in the time since the senior housing market last peaked. That market peak occurred in the second half of 2014, when occupancy rates for the overall senior housing sector hovered Read More »
Senior Housing Investors Grow More Cautious But Expect Occupancy Increases
Commercial real estate (CRE) investors still see senior housing as a highly attractive asset class, and a majority expect occupancy to be on the upswing in the next year. Yet, they are tempering their expectations to some extent based on industry headwinds. This is according Read More »
Why Senior Living Providers Need to Seize New Medicare Advantage Opportunities
The Medicare Advantage era is dawning in senior living. Due to policy changes implemented this year, these insurance plans appear poised to become a more important payer for senior living services. Under Medicare Advantage, federal dollars flow to private-sector insurance companies—including giants such as UnitedHealthcare Read More »
Senior Housing Occupancy Tumbles to 8-Year Low
Nationwide, senior housing occupancy has reached its lowest level in over eight years. Occupancy at U.S. seniors housing communities averaged 87.9% in the second quarter of 2018, dropping 0.4 percentage points from the first quarter of 2018 and 0.8 percentage points from the same time last Read More »
Senior Housing at Risk of Excess Inventory Over Next 8 Years
Predicting the adequacy of future senior housing inventory is tough, and depends in part on assumptions about the age at which people move in, according to a new blog post from the National Investment Center for Seniors Housing & Care (NIC). The blog post compares the estimated Read More »
Fastest Senior Living Lease-Ups Occur in Assisted Living and Memory Care
Assisted living and memory care units generally fill up faster than their independent living counterparts, according to newly shared data from the National Investment Center for Seniors Housing & Care (NIC). The analysis, detailed in a June 6 NIC blog post, is based on a roughly Read More »
Mather, JLL Engage with Universities to Draw Students to Senior Living
With the senior living industry facing a workforce crisis, it’s becoming increasingly urgent to draw talented students to the sector. Two different projects, one involving non-profit provider Mather Lifeways and the other involving commercial real estate firm JLL, showcase the potential payoffs if senior living Read More »
To Attract Baby Boomers, Senior Living Providers Must Give Them Purpose
Over the next decade, when baby boomers finally start to age into senior housing en masse, they’ll bring with them a host of new needs and desires—and if senior living providers don’t take heed, they’re at risk of becoming obsolete. That’s because, unlike some of their Read More »
Private Buyers Drove $2.6 Billion Deal Volume in First Quarter
Senior housing and care transaction dollar volume totaled $2.6 billion in the first quarter of 2018—and deals from private buyers made up half of that total, according to a new blog post by Bill Kauffman, senior principal at the National Investment Center for Seniors Housing Read More »
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