‘Not One Singular Trend’: Inside Senior Living’s Uneven Pandemic Recovery

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Recent occupancy and absorption trends show that recovery is underway in the senior living industry. But not all operators and communities are seeing the same kind of gains.

Some communities and property types have rebounded from pandemic lows faster than others, with variations in the same market or the same owner/operator portfolio.

Given all of the variables from one market to another, it is difficult to determine what exactly is fueling the recovery of some operators or communities while causing others to lag behind. According to a soon-to-be-published analysis from the National Investment Center for Seniors Housing & Care (NIC), market and product type occupancy recovery in the latter half of 2021 has primarily hinged on three big factors.

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