Seniors Housing Property Edges Closer to 90% in First Quarter

Seniors Housing Property Edges Closer to 90% in First Quarter

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 Ind

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

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.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish