NIC Notes

Insights in Seniors Housing & Care

Executive Survey Insights  |  Senior Housing

Executive Survey Insights Wave 35: November 8 - December 5, 2021

By: Lana Peck  |  December 16, 2021

In the Wave 35 survey, nearly half of organizations with multiple properties (45%) reported staff shortages in all their properties—up from roughly one-third (30%) in the Wave 24 survey conducted mid-March. While attracting community and caregiving staff remains a significant challenge, the percentage of organizations citing staff turnover increased from about one-half (53%) to more than two-thirds (70%) since mid-June.

COVID-19  |  Executive Survey Insights  |  Senior Housing

Executive Survey Insights  |   Wave 34:  October 4 - November 7, 2021

By: Lana Peck  |  November 18, 2021

“Lead volumes are improving. In Wave 34 of the survey, one-third of organizations report lead volumes reaching pre-pandemic levels (33%), up from just one-fifth back in April 2021 (20%). During the pandemic new construction lending had slowed sharply. A recent increase in construction lending is reflected in the Wave 34 survey where 41% of respondent organizations now expect their development pipelines to increase.

COVID-19  |  Executive Survey Insights  |  Senior Housing

Executive Survey Insights | Wave 33: September 7 - October 3, 2021

By: Lana Peck  |  October 14, 2021

"In the Wave 33 survey, roughly 50% of respondents with senior living residences report that the pace of move-ins accelerated in the past 30-days—a notable increase from the prior survey. The shift was smaller for nursing care. Increased resident demand was the primary reason for acceleration in move-ins. Operators have suffered pandemic-related vacancies and myriad unplanned expenses and NOI has been pressured.

COVID-19  |  Executive Survey Insights  |  Senior 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.

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