Brenda Connelly and Erin Shvetzoff Hennessey have dedicated nearly their whole lives to senior living and care, and they both believe the sector has reached an inflection point. “We’re just entering a reinvention stage,” Connelly told Senior Housing News at the recent National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. […]
At the start of 2022, I argued that senior living industry giants were facing a defining year. As we enter the fourth quarter, I anticipate that there are some big moves still to come from some of the largest operators in the sector — driven by new leaders at some companies, and driven at other […]
Senior living investors returned to the industry in 2022 as operator performance and favorable demographic trends drove interest. But many of them are now also more selective in the deals that they undertake. This is one of the observation in the Senior Housing National Report for the second half of 2022, which was recently published […]
The senior living industry is in a tough spot and will be for the immediate future, facing challenges that could impede longer-term success unless more innovation flourishes across the sector. This is one of my main takeaways from last week’s National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. The good […]
A new study is shedding light on the number of chronic conditions the average senior living resident manages, and how much it costs them annually. The average older adult residing in either a senior living community or nursing home manages about a dozen or more chronic conditions such as asthma, high blood pressure, high cholesterol […]
Last week, NIC released a report defining the active adult product type, answering a question hovering over the senior housing industry. NIC defined active adult as: age-restricted, market-rate, multifamily housing properties that are lifestyle-focused and do not provide meals through general operations. The report also included plenty of new information regarding the size and scope […]
For years, one big question has plagued the active adult senior living sector: What exactly is it? That question now has an answer thanks to a new and significant report from the National Investment Center for Seniors Housing and Care (NIC). The report from NIC MAP Vision, released on Thursday and years in the making, […]
Senior living operators have long developed communities catering to specific groups with niche and affinity-based offerings. But as a new generation of senior living residents approaches the industry, they are adapting that model to meet the changing habits of prospective residents. From changing habits to evolving social needs, operators are keeping up with new trends […]
Property and professional liability insurance premiums have steadily risen since the start of the Covid-19 pandemic, and a new survey shows that trend is seemingly continuing in 2022. About half of all respondents to the latest Executive Insights Survey from National Investment Center for Seniors Housing & Care (NIC) reported that property and liability insurance […]
Average senior living occupancy is steadily on the rise, and looking ahead, industry investors expect that trend will continue. Just over three-quarters of investors, 80%, believe that occupancy will rise by at least 2.5 percentage points in the coming 12 months, according to the most recent investor sentiment survey from Wealth Management Real Estate (WMRE) […]
