Scientific research
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Topic- Market research
Occupancy in independent and assisted living on a steady climb
In the third quarter (July, August, September) of 2014, the average occupancy rate for in independent living properties was 90.9%, 4.2 percentage points above its cyclical low. The average occupancy rate for assisted living properties was 89.4% in the third quarter, which is 2.9 percentage points above its cyclical low. The rates are based in data submitted by subscribers to the NIC MAP® Data Service (13,000 properties within 99 US metropolitan markets).
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Homelike atmosphere attracts people to age-qualified housing
An independent living community in senior housing is typically composed of age-restricted rental apartments or cottages with services—such as meals, housekeeping, linen service, transportation, and social and recreational activities—available on site for an additional fee. No supportive services are provided (National Investment Center for the Seniors Housing & Care Industry). What encourages older adults to move into an independent living complex, as opposed to other living choices?
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Is that retirement community really age-friendly?
To anchor an analysis, the authors of a new paper defined an age-friendly community as one that “is engaged in a strategic and ongoing process to facilitate active aging by optimizing the community's physical and social environments and its supporting infrastructure.”
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Who takes advantage of adult day services?
For a survey of US longterm care providers, “adult day services center” was defined as a community-based center that provides an array of long-term care services, including structured activities, health monitoring, socialization and assistance with activities of daily living, to seniors or younger adults with disabilities.
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Interest in health ratchets up a notch among older adults
To track the attitudes of people in middle ages along with those of younger people, the United States of Aging survey compared results from this year to 2013, the first year the survey was fielded.
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Occupancy in senior housing climbs slow but steady
For senior living properties, the lowest levels of occupancy—a key metric—occurred in the first quarter of 2010, when residences averaged 86.9% occupancy.
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