Independent Living
Properties that offer independent living services for older adults. For a fee, there is access to meals in addition to housekeeping, social and transportation services.
Independent Living Resources
Studios Still Matter, But Space Is Gaining Traction: What Unit Mix Trends Reveal
In this article, NIC Analytics revisits senior housing unit mix (the proportion of studios, one-bedroom, two-bedroom units, and increasingly, even three-bedroom or larger units), and occupancy trends across independent living (IL) and assisted living (AL) properties using data from the second quarter of 2025. The analysis offers a current snapshot…
Senior Housing Posts Highest NCREIF Property Type Return in First Quarter 2025
Senior housing posted a positive total return of 1.87% in the first quarter of 2025, the highest NCREIF property type return for the quarter. Senior housing outperformed the broader Expanded NPI by nearly 60 basis points, with the index posting a total return of 1.29%. Senior housing capital appreciation in…
Independent Living Rate Growth Rebound, Assisted Living Discounts Deepen in 3Q24
Data from the recently released 3Q 2024 NIC MAP Vision Actual Rates Report show that: Independent living (IL) properties experienced a strong rebound in year-over-year growth across all rate types. In the third quarter of 2024, independent living (IL) properties experienced a strong rebound in year-over-year growth across all rate types,…