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 […]
The senior living industry is facing challenges on all fronts, including ongoing oversupply pressures, broken capital structures and aging properties that are becoming obsolete. “It’s a mosh pit of things going on right now,” SRG Senior Living President and CEO Michael Grust told Senior Housing News. Solana Beach, California-based SRG has a portfolio of about […]
Expect the winds of change to blow harder than ever through the senior housing industry in 2020. With each passing year, the wave of baby boomer demand draws nearer, attracting more capital and a greater diversity of talent to senior housing. In 2020, the pioneering companies that started the industry may still have a leg […]
Senior housing continues to pay off for investors, with only industrial real estate producing higher annualized returns for the period ending Sept. 30, 2019. That’s according to data compiled by the National Council of Real Estate Fiduciaries (NCREIF), recently shared in a blog by Beth Mace, chief economist at the National Investment Center for Seniors […]
Senior housing properties that are majority independent living were offering initial discounts equivalent to 1.1 months of rent on an annualized basis as of September 2019, on average. This is the highest average discount on initial rates for independent living since April 2015, when the National Investment Center for Seniors Housing & Care (NIC) first […]
A senior living development underway in Denver holds the potential to become a niche community for Jewish older adults. In so doing, it could showcase why serving particular demographic groups could become a more prevalent play for senior living providers in the years to come. The 205-unit, $97 million project is dubbed Hilltop Reserve because […]
It’s common wisdom that the more crowded a senior housing market is, the more cutthroat the tactics are among its different competitors. The recent period of oversupply has given rise to aggressive pricing tactics and stories of staff being wooed by the newest communities in town. But there are a handful of markets where there […]
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 […]
Nationwide senior housing occupancy is near a historic low, as many providers across the U.S. are grappling with oversupply. The average U.S. senior housing occupancy increased to 88% percent in the third quarter of this year, while construction versus inventory in the U.S. was 6.7%, according to data from the National Investment Center for Seniors […]
After a period of historical lows, senior housing occupancy rose on a nationwide basis in the third quarter. Average senior housing occupancy increased to 88%, up 30 basis points from the previous quarter’s 87.7% rate, according to new data from the National Investment Center for Seniors Housing & Care (NIC). But as is always the […]