About a year from now, the story coming out of the National Investment Center for the Seniors Housing & Care Industry conference will be around how operators are clutching their pearls about the decline in assisted living occupancy.
A McKnight's Super Tuesday webcast on June 11 will present the latest on capital availability, occupancy data, rent levels, payment growth notes, and more for senior care operators. There is no cost for attendees to register or earn the accompanying continuing education credit. The session will feature chief market and data strategist Michael Hargrave, VP of the NIC MAP service. It will be moderated by McKnight's Editorial Director John O'Connor. "Capital Update: Key issues to watch" is sponsored by GE Capital and will start at 1 p.m. ET.
There are some tangible signs that things are getting better for the senior living sector, and probably for the overall economy as well.
Nobody should pass up the opportunity to have a nationally respected professional expert visit his or her office. The chance to get six in there in a short amount of time? Outrageous. Yet, it's going to happen.
Seniors housing construction is looking up, industry experts noted at the annual National Investment Center for Seniors Housing & Care conference.
Second quarter occupancy rates in the seniors housing sector remained identical to a year ago - 88%. But rent growth showed a slight improvement, according to data released Wednesday by the National Investment Center for the Seniors Housing & Care Industry.