‘Conversation is Changing’: Higher Occupancy Reveals New Challenge for Senior Living

Market dynamics and a lack of new supply are starting to impact how providers can capitalize on incoming demand – a phenomenon NIC Senior Principal Omar Zahraoui called the “great tightening,” Six in 10 senior living properties in the 31 primary markets tracked by NIC re now operating above 90% occupancy. Another 16% fall between 85% and 90% occupancy. This means that more than three-quarters…