NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 32: August 9 to September 6, 2021

By: Lana Peck  |  September 16, 2021

 "The pace of move-ins has slowed as the COVID-19 delta variant spreads primarily among the unvaccinated. In Wave 32, about one-quarter of organizations with assisted living apartments and/or nursing care beds, and about one in five with memory care units reported a deceleration in the pace of move-ins across their portfolio of properties in the past 30-days. Nursing care occupancy has taken a jolt with nearly 40% of organizations indicating that occupancy declined.

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 31: July 12 to August 8, 2021

By: Lana Peck  |  August 12, 2021

“Despite the rise in circulation of the Delta variant of the COVID-19 virus, resident demand remains the driving force behind acceleration in the pace of move-ins. Between roughly 55% and 60% of organizations report that the pace of move-ins accelerated in the past 30-days, and similar proportions report a corresponding increase in occupancy. Other reasons for relatively strong pace of move-ins include residents moving through the continuum of care and the success of redoubled marketing efforts.

CCRC  |  NIC MAP Vision  |  Seniors Housing  |  Skilled Nursing

CCRC Care Segment Performance 2Q 2021

By: Lana Peck  |  July 28, 2021

The following analysis examines current conditions and year-over-year changes in inventory, occupancy, and same-store asking rent growth—by care segments within CCRCs (CCRC segments) compared to non-CCRC segments in freestanding or combined communities to focus a lens on the relative performance of care segments within CCRCs during the second quarter of 2021.

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 30: June 14 to July 11, 2021

By: Lana Peck  |  July 15, 2021

“As the market fundamentals in seniors housing and care continue to trend positively since the COVID-19 vaccine became available, and operators are shifting gears from reacting to the threat of contagion in their communities to recovering census, many are finding their organizations returning to some form of operational normalcy in the face of considerable labor challenges. Wages and benefits are typically significant operating expenses for seniors housing and care providers even in the best of times. In the Wave 30 survey, about half of respondents reported that attracting community and caregiving staff was the biggest challenge their organizations are facing 16 months into the pandemic.