McKnight’s Senior Living April 12, 2024
2024 will mark the end of three years of occupancy recovery in senior living, and occupancy is expected to continue to improve over the next three years, the National Investment Center for Seniors Housing & Care projected in an inaugural report intended to deliver “actionable, data-informed insights” to capital providers, operators and developers. Challenges could emerge, however.
NIC Analytics launched the first installment of its new Senior Housing Analyst Review and OutlooK, or SHARK, report series on Thursday, focusing on demographic trends, construction activity, supply and demand, absorption-to-inventory growth velocity, occupied penetration rates, and occupancy in the 99 primary and secondary markets followed by NIC MAP Vision.
“Senior housing is on the cusp of a notable upswing, with occupancy expected...
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