By Steve Moran

Yesterday, NIC reported the lowest ever occupancy rates for senior living. It decreased by 1.3%, so the current numbers look like this:

NIC data

Adding more detail:
  • Assisted Living is at 77.3%
  • Independent Living is at 83.5%

I did a quick interview with Brian, the President & CEO of NIC, to talk about what these numbers mean to senior living and to ask his thoughts on the future. Here is that interview:

 

A summary of the NIC MAP Data Market Fundamentals is available for download  HERE.