As senior living operators and owners start strategizing for 2019, they’re also looking back at how the industry has fared recently — and the statistics aren’t rosy. Yet, the numbers don’t tell the whole story, and some companies are bucking the trends with healthy profits and plans for growth. Looking at all major senior housing […]
Although capital will continue to flow into senior housing, developers and operators will face a challenging environment in 2019. These challenges might be starkest in markets that have seen oversupply in recent years, but broader economic trends will create pressures across the board, according to Beth Mace, chief economist at the National Investment Center for […]
Date: November 28 Time: 1-2pm CST Register Now Over the last year, senior living owners and investors have seen turmoil when it comes to the headlines driving the senior living business, with talk of over-supply and occupancy challenges. Stories about large transactions, new development, repositioning and a healthy debate about health care versus hospitality have […]
Date: November 28 Time: 1-2pm CST Register Now Over the last year, senior living owners and investors have seen turmoil when it comes to the headlines driving the senior living business, with talk of over-supply and occupancy challenges. Stories about large transactions, new development, repositioning and a healthy debate about health care versus hospitality have […]
The U.S. senior housing penetration rate has hovered around 10% over the last decade, but there’s been wide variability across different metropolitan areas. It’s difficult to pinpoint why the rate varies so much from city to city, and gaining a greater understanding of what drives penetration has big implications for the industry. Increasing market penetration […]
After tumbling to an eight-year low in Q2, senior housing occupancy nationwide remained unchanged at 87.9%, according to the National Investment Center for Seniors Housing & Care (NIC) Q3 market fundamentals report. The occupancy rate is 0.8 percentage point lower than a year ago, 2.3% lower than the most recent high water mark of 90.2% […]
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 Street Journal. Observing that some boomers do not respond well […]
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 around 90%, according to data shared in a Wednesday blog […]
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 to a cross-section of CRE owners, managers, developers and lenders […]
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 (NYSE: UNH) and Humana (NYSE: HUM)—which offer benefits packages to […]
