Senior living demand “surged” in the fourth quarter 2024, pushing the industry to a higher average occupancy rate and a new record number of occupied…
Posts published in “NIC Map vision”
Navion Senior Solutions has named COO Beverly Janco Tuttle as its new CEO, taking over from founder Stephen Morton, who IS transitioning to chairman of…
This story is part of your SHN+ membership Many senior living operators believe the industry’s biggest and best opportunity lies with the baby boomers. In…
Independent living operators picked up the pace of resident rent growth in the third quarter of 2024 after a period of deceleration earlier in the…
Senior living operators making moves in the active adult space must drive lease-up of new communities through lifestyle engagement with younger residents with an emphasis…
The senior living industry’s “investment gap” is continuing to grow and could widen to nearly $800 billion by 2050 if the industry does not speed…
Demand for senior living has continued to exceed the rate of new community openings in 2024, a trend that could lead to increasingly tight availability…
As life plan communities seek to best position themselves to capture future demand, many are honing growth strategies, including swapping skilled nursing for other product…
This article is part of your SHN+ subscription In 2024, many senior living operators have shifted from raising rates to keeping them where they are,…
This article is part of your SHN+ subscription In the coming years, the senior living industry faces an interesting trend called the “half-back phenomenon.” No,…
Independent living move-in rates in the second quarter of 2024 saw a “noticeable slowdown” compared with the same period in the previous year. The rate…
This article is part of your SHN+ subscription Staffing costs. Debt service. Insurance premiums. These are just some of the line items operators are still…
This article is part of your SHN+ subscription While the pulse of senior living development may have slowed in the last four years, recent plans…
It’s no secret that senior living construction starts are down, and the length of time it takes for a project to open is up. But…
The senior living industry’s average occupancy rate ticked up again in the second quarter of the year, and is now approaching levels last seen in…
This article is part of your SHN+ subscription For years, senior living operators have tried in vain to increase average penetration rates. In 2024, it…
A new NIC MAP Vision report has good news and bad news for the senior living industry. The good news is that current penetration and…
Senior living operators are now picking up the pace with occupancy,approaching – and passing – census levels last seen in 2019. Signs of the race…
Senior living operators slowed down rate increases in the first quarter of 2024 compared with in the past, and discounts are highest right now in…