Occupancy Rates in Senior Living Expected to Stabilize

New York, NY, July 7, 2016—Occupancy rates for the assisted living sector have surged and decreased since the economic recovery, says National Real Estate Investor, but it appears that they may be evening out.

“Inventory growth and absorption rates appear to be moving toward favorable, but flat, occupancy levels, and could settle into the 88.3% range through 2017, according to recent projections from the National Investment Center (NIC) for Seniors Housing and Care.”

“That rate of occupancy is comparatively higher than it was during the Great Recession and the economic recovery. In ten years, the seniors housing development industry could potentially see a bigger surge, as the baby boomers enter their 80s, the prime time that Americans utilize seniors housing.”