With turnaround deals being harder to come by in senior living, Capitol Seniors Housing (CSH) is putting over $406 million toward new development and is starting to see the first of its communities open up. Based in Washington, D.C., CSH is a private equity-backed real Read More »
Provider Boosts Memory Care Results with Focus on Routine Tasks
The demand for Alzheimer’s care has doubled in the last 20 years, and the population of those needing care is expected to nearly triple in size in the next few decades, according to data from the National Investment Center for Seniors Housing & Care (NIC). To Read More »
Assisted Living Occupancy Creeps Up From Record Low
Though still not healthy, assisted living occupancy has improved slightly from historic lows. The occupancy rate for assisted living properties averaged 86.6% during the third quarter of 2017, which is 0.2 percentage points higher than the 86.5% average assisted living occupancy recorded in the second quarter Read More »
Mather, Northwestern Launch Study on Life Plan Community Benefits
To date, no studies have been conducted to determine the impact that living in a life plan community has on seniors’ long-term health and wellness. For that reason, the research service arm of Evanston, Illinois-based senior housing provider Mather LifeWays is partnering with a Big Ten university Read More »
Out-of-the-Box Ways Senior Housing Can Compete With Aging at Home
The strong desire of many older adults to age in their own homes continues to threaten the senior housing industry. To begin to attract more of these seniors, the industry will have to become more innovative, according to Dan Hutson, chief strategy officer at HumanGood, a Pleasanton, California-based Read More »
Top Quotes from the 2017 NIC Conference
The 2017 National Investment Center for Seniors Housing & Care (NIC) Fall Conference just wrapped up in Chicago—or the home base of Senior Housing News. It was unseasonably hot in the Windy City, but that seemingly didn’t put a damper on industry players’ networking or Read More »
Gingrich, Summers Talk Solving Senior Living Workforce Crisis
Investing in the professional development of the immigrant senior care workforce and playing a role in their assimilation are two strategies senior living operators can implement in order to curtail the industry’s “alarming” labor shortage. That’s according two former political heavyweights who spoke Wednesday in a debate Read More »
Why 95% Assisted Living Occupancy Doesn’t Make You a Hero
The senior housing industry has become increasingly data driven, but metrics like occupancy statistics and new construction starts can’t always be taken at face value—they might paint a rosier or bleaker picture than what is actually happening in a given market. That’s according to a Read More »
Assisted Living Offers Deeper Rent Discounts Than Independent Living
Assisted living communities are currently offering steeper move-in discounts than independent living providers, according to data from the National Investment Center for Seniors Housing & Care (NIC). “What we saw is that the monthly rate discount for independent living continues to be less than for Read More »
Interest in Senior Housing Investment Surges, Prices Stay Flat
The rest of this year may prove busy for senior housing dealmakers, according to newly released survey results from the fourth annual National Real Estate Investor (NREI)/National Investment Center for Seniors Housing & Care (NIC) Seniors Housing Market Study. For the survey, NREI polled 153 commercial Read More »
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