Senior Housing News January 29, 2025
The senior living industry is ready to “thrive in ‘25” with regard to occupancy gains. But headwinds in lending are making growth tough during a time when it needs to grow.
On the one hand, the lack of newly built senior living communities is supporting occupancy growth momentum among multiple senior living operators. In fact, NIC MAP data projects the senior living industry will hit 90% by the end of 2026.
On the other hand, challenges in development have sent new construction starts plummeting to annual lows not seen since the Great Recession.
Still, there is much to be optimistic about in the year ahead, according to Caroline Clapp, senior principal of analytics and research for the National Investment Center...
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