Senior Housing News September 18, 2024
Between demand for senior living and a new interest rate cut, companies in the industry have some things to look forward to in the years to come. But a “funky” supply-demand imbalance is still here to stay for now, as new projects take years to come to fruition.
For one, demand is set to push occupancy higher in the months and years to come. Another sign of more positive things to come is the U.S. Federal Reserve’s decision Wednesday to slash interest rates by 50 basis points.
Lisa McCracken, head of research and analytics at the National Investment Center for Seniors Housing and Care (NIC), said during a Sept. 18 Argentum webinar that occupancy rates have increased steadily for the...
Today's Sponsors
Today's Sponsor