The average occupancy rate for seniors housing properties edged closer to 90 percent in the first quarter, as the industry’s property types gained absorption due to slow construction and increasing demand. Occupancy hit 89.1 percent for assisted living and 90.2 percent for independent living in the first quarter 2014, both small increases compared to the prior quarter, according to a report by the National Investment Center for the Seniors Housing & Care Industry (NIC). Skilled ...
NREIonline.com Freemium Content
"Printer-friendly" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.