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NIC Report: Senior Housing Occupancy Up 8 Straight Quarters

Senior housing occupancy levels have rebounded since the pandemic, owing to continuing robust demand for senior housing. The senior housing occupancy rate for rose to 83.7 percent in the second quarter of 2023, according to a report from the National Investment Center for Seniors Housing & Care.
New Jersey United States Simon Godfrey Caroline Clapp National Investment Center Senior Couple

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U.S. Senior Housing Occupancy Increases for Seventh Consecutive Quarter in Q1 2023

The senior housing occupancy rate increased 0.3 percentage points from 82.9 percent in the fourth quarter of 2022 to 83.2 percent in the first quarter of 2023, according to data from NIC MAP Vision released by the National Investment Center for Seniors Housing & Care. The occupancy rate has increased 5.4 percentage points overall from a pandemic low of 77.8 percent in the second quarter of 2021 but remained 4.0 percentage points below the pre-pandemic high of 87.2 percent in the first quarte...
United States San Antonio Caroline Clapp Chuck Harry National Investment Center Research Analytics
Source: uli.org

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