Little change for occupancy

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Senior living occupancy rates averaged 89.7% in the second quarter, according to the National Investment Center for Seniors Housing & Care. That marked a 0.3% downturn from the first quarter.

Within the category, rates for independent living properties and assisted living properties averaged 91.0% and 88.0%, respectively. When compared to the prior quarter, the occupancy rate for independent living fell 0.3 percentage point and slipped 0.4 percentage point from its eight-year high in the fourth quarter of 2015. Occupancy for independent living was unchanged from year-earlier levels. The occupancy rate for assisted living decreased 0.2 percentage point from the first quarter, but rose 0.1 percentage point from year-earlier levels. 


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In Focus

March 14

Hall marks

Newtown, PA

Pennswood Village is encouraging residents to hang their artworks in the community's hallways.