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 (NYSE: UNH) and Humana (NYSE: HUM)—which offer benefits packages to […]

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 year, according to newly published data from the National Investment Center […]

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 45,000 units of new supply delivered across the U.S. in […]

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 12-year time series of primary- and secondary-market leasing patterns collected […]

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 professionals and residents can engage with college students. The projects […]

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 predecessors, many baby boomers simply won’t be happy with “three […]

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 & Care (NIC). That breaks down into $1.7 billion of […]

Assisted Living Occupancy Drops to Record Low 85.7%

Occupancy in the senior housing industry has hit a six-year low, and assisted living occupancy has hit an all time-low, according to new data from the National Investment Center for Seniors Housing & Care (NIC). Specifically, senior housing occupancy averaged 88.3% for the first quarter of 2018, which is down 0.5 percentage points from the […]