Senior housing is still in recovery mode from the COVID-19 pandemic, but the sector still offers investment opportunities, according to Robb Chapin, a partner at Bridge Investment Group.
Skilled nursing occupancy has “taken a jolt” in the past 30 days, according to National Investment Center for Seniors Housing & Care Senior Principal Lana Peck said, citing results of Wave 32 of the organization’s executive survey.
The year-over-year change in occupied units for both assisted living and independent living was positive in August, at 1% and 0.4%, respectively, according to the intraquarterly report published last week by the National Investment Center for Seniors Housing & Care.
Labor Department data released for August were “disappointing,” according to Beth Burnham Mace, chief economist at the National Investment Center for Seniors Housing & Care.
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual independent living, assisted living, memory care and continuing care retirement/life plan communities.
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued improvement. That’s according to the latest monthly data from National Investment Center for Seniors Housing & Care’s NIC MAP Data Service, powered by NIC MAP Vision.
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist at the National Investment Center for Seniors Housing & Care.
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
Three industry experts are fighting stereotypes of the senior living experience by using the voices of residents and family members to dispel myths.
Approximately 18% of properties within the 31 NIC MAP Vision primary markets, and 18% of properties within the 68 secondary markets, reported an increase in occupancy rates in the second quarter, according to the National Investment Center for Seniors Housing & Care.
