ANNAPOLIS, Md. – The average occupancy rate for senior housing was 89.1 percent during the fourth quarter (Q4) of 2012, up 0.3 percent from Q3 and up 1 percent Q4 2011, according to the Annapolis-based National Investment Center for the Seniors Housing & Care Industry (NIC).
“Occupancy is now at a four-year high and, with inventory growth remaining tempered… occupancy will likely continue to recover in the near-term,” Mike Hargrave, a NIC VP, said in a news release. The average occupancy rates for independent and assisted living facilities were 89 percent and 89.1 percent, respectively.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.