Senior living operators, ready for some small ball?
A landmark report is calling on senior living operators to consider reducing prices.
NIC
5 insights from NIC’s Middle Market Investor Summit
Several panelists shared insights about current and potential efforts to meet middle-income older adults’ senior housing and care needs on Tuesday at the National Investment Center for Seniors Housing & Care event in New York City. Here are a few that caught our attention.
5.9 million more could afford senior living if annual costs were cut by $15,000
But where will those cuts come from? The National Investment Center for Seniors Housing & Care is looking to operators, develops, builders and others for answers.
How to make senior living more appealing
A new study projects that at least 54% of middle-income adults in 2029 won’t be able to afford senior living. But even if people can afford it, will they want it?
Provider groups vow to continue work with policymakers to address middle-market challenges
Senior living advocates told McKnight’s Senior Living they will continue working with policymakers and others to try to ensure that middle-market adults have housing and care options as they age.
Middle market could provide answer to occupancy, oversupply issues, CEO says
Serving middle-income older adults could be an answer to the occupancy and oversupply challenges facing senior living operators and developers, Eclipse Senior Living CEO Kai Hsiao told those attending a Health Affairs event Wednesday.
Senior living’s biggest challenge officially has been revealed
A landmark study released this week paints a sobering portrait of senior living affordability for many older Americans. It also should send this strong message to many operators: Change or else.
54% of middle-income seniors could need housing, care help by 2029, NIC-funded study finds
Fifty-four percent of the 14.4 million middle-income older adults in 2029 in the United States will lack the financial resources to pay for senior housing and care, and a combination of public and private efforts will be needed to address the looming crisis, projects a study funded by the National Investment Center for Seniors Housing & Care and published online today by Health Affairs. Two people associated with the research shared insights with McKnight’s Senior Living.
Memory care has ‘strong year,’ but sector still ‘faces challenges’
Occupancy may be on the way up from the bottom for both stand-alone memory care communities and other memory care units, according to the National Investment Center for Seniors Housing & Care. The sector still faces some challenges, however.
Senior housing occupancy stable and ‘moving in the right direction’
The occupancy rate for senior housing across the United States in the first quarter of 2019 increased 0.1 percentage point from the previous quarter, to 88.1%, according to data released Thursday by the National Investment Center for Seniors Housing & Care.
