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In this edition: Occupancy Near Record High for Senior Housing; Active Adult Occupancy Up; New Middle Market Case Study; Updated Active Adult White Paper; Perspective from an Industry Veteran; and More
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Senior housing occupancy surpassed 90% in the third quarter, the first time that primary market occupancy rates have been above 90% since 2014. Occupancy rates reached record highs in four primary markets – San Francisco, Chicago, Kansas City, and Dallas. At the same time, inventory growth remained near record…
NIC MAP released third quarter data for the 880 active adult rental communities they track across the U.S. Active adult communities are age-eligible, market-rate, multifamily rental properties focused on enhanced lifestyle programming without providing meals. Key takeaways included the following: Takeaway #1: Pace of Active Adult Development…
Benchmark Senior Living CEO, founder, and chairman Tom Grape joins host Lisa McCracken to reflect on nearly four decades in senior housing and what the sector needs to get right next. Grape discusses how the sector has matured, from the growth of assisted living and memory care to…
See how Mainstay engineers affordability across real estate, operations, and capital to support the middle market.
Active Adult is the latest property type filling the needs of older adults. NIC is now a source of information on this fast-growing segment.
The U.S. senior housing sector is entering what NIC MAP’s latest Market Outlook Report calls the steepest stretch of 80+ population growth in the nation’s history — and the industry’s current pace of construction isn’t close to keeping up. A Demographic Wave with Certainty The first Baby…
By Kate Abate, AdvoKate Longevity: Intergenerational Community Architecture The NIC Conference Scholar Program, sponsored by Welltower, gives students in senior housing academic programs full access to NIC’s Fall and Spring Conferences. Faculty at colleges and universities nominate students for the program. Selected Scholars take part in conference…