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ASHA releases State of Seniors Housing 1998

The American Seniors Housing Association (ASHA) has published The State of Seniors Housing 1998 - a report that summarizes fiscal year 1997 data from a national survey of 298 seniors housing properties representing more than 62,000 independent living units, assisted living beds and skilled-nursing beds.

The publication reports some notable findings, including how approximately 79% of properties included in the sample are owned by for-profit entities; median occupancy rates for the total sample are more than 95% with the highest median occupancy rates (97.5%) found in congregate properties and the lowest (91.9%) found in assisted living properties; and rent changes for all units/beds sampled continue to increase at rates exceeding inflation in broad consumer price indices over the same period.

The publication is a collaborative effort between ASHA, the Assisted Living Federation of America, American Health Care Association and the National Investment Center for the Seniors Housing & Care Industries. PriceWaterhouseCoopers served as a consultant for the publication, which can be ordered throu gh ASHA by calling (202) 974-2338.

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