Business Environment | Executive Survey Insights | Market Trends | Senior Housing
By: Ryan Brooks | June 13, 2023
“A new series of questions in the May 2023 survey, suggested by April 2023 ESI survey participants, asked about the utilization of third-party referral aggregators. Of respondents who are currently using third-party aggregators, almost two-thirds (64%) successfully convert less than 25% of the third-party generated leads.
Market Trends | NIC MAP Vision | Senior Housing | occupancy
By: Omar Zahraoui | June 08, 2023
The senior housing stabilized occupancy rate for the NIC MAP Primary Markets edged up to 84.7% in the May 2023 reporting period, up 0.1 percentage points (pps) from the April 2023 reporting period on a three-month rolling basis, according to intra-quarterly NIC MAP® data, released by NIC MAP Vision. From its pandemic record low of 80.3% in June 2021, senior housing stabilized occupancy increased by 4.4pps but remained 4.7pps below pre-pandemic March 2020 levels of 89.4%.
Market Trends | Senior Housing | occupancy
By: Caroline Clapp | June 06, 2023
The senior housing sector posted a total return of 0.11% in the first quarter of 2023, up from a decline of -0.88% total return in the prior quarter. Short-term total returns for senior housing outperformed the broader NPI, which posted a total return of -1.81% in the first quarter. Positive income returns for senior housing were partially offset by negative appreciation,
Business Environment | Economic Trends | Market Trends | NIC Leadership Huddle | Senior Housing
By: NIC | May 30, 2023
After facing down a pandemic for three years, the senior housing industry now faces a new reality—some parts good and some not so good.
