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Seniors Housing Occupancy Continues its Rebound in 2Q22

NIC MAP Vision just released the 2Q22 NIC MAP® Market Fundamentals Data and it is now available to clients. Despite growing economic uncertainty, the new data shows a continued increase in overall seniors housing occupancy, including assisted living, independent living, and nursing care.

Key Findings:

• Seniors housing occupancy during the second quarter of 2022 was 81.4%, up 90 basis points from the first quarter of this year.
• The occupancy rate for independent living properties averaged 83.9% in the second quarter of 2022 – a 70 bps increase from first quarter occupancy of 83.2%.
• Assisted living properties’ average occupancy grew during the second quarter of 2022 to 78.8%, up 110 bps from the previous quarter.
• The occupancy rate for nursing care properties also grew during Q2 to 78.5% up 90 basis points from 77.6% in the first quarter of 2022.

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Haven Senior Investments’ vision is to serve those who care for senior citizens and others in need of safe and nurturing housing.

Our mission is to serve the owners, operators, buyers, sellers, developers, and investors in the seniors housing and assisted living industry by offering a range of services to help them maximize their objectives and investment returns.

Our purpose is to glorify God by building profitable and sustainable businesses that advance His Kingdom and His children.

The Haven team brings a unique combination of finance, real estate, business development, operations, and healthcare experience to serve our varied senior housing clients. We operate on a team approach, which allows our clients to benefit from the experience and expertise of the whole Haven team. Our efforts are focused on the areas of independent living, assisted living, active adult, and communities that specialize in Alzheimer’s and memory care.

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Seniors Housing Occupancy Continues its Rebound in 2Q22

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