Seniors Housing

In the first quarter, occupancy slid to 88.3 percent, a drop of 90 basis points year-over-year and 50 basis points from the fourth quarter of 2017.

Solutions fall into three general categories: work environment; recruitment; and collaboration with educational institutions.

With nearly full employment in the U.S., employees across industries have a sense that they can leave a job without fear of not being able to find another one.

Terrell Gates, CEO of Virtus Real Estate Capital, continues to stick to a “cycle-resilient” strategy that zeroes in on seniors housing, medical office and workforce housing.

The sector’s national occupancy rate, based on aggregate statistics from 31 markets, held at 88.8 percent last quarter, according to NIC.

Executives at several seniors housing REITs say the burdens of more supply coming on-line this year are being complicated by a particularly nasty flu season.

Thirty percent of JLL’s survey respondents ranked those property sub-types as “extremely desirable,” and another 56 percent ranked them as “very desirable.”

During earning calls this month, senior-housing operators and landlords have lamented a harsh flu season that has led ailing residents to move out of their facilities.

There are several headwinds that need to be addressed—if not this year, then soon, some industry experts say.