Jun
23

Interest in Assisted Living Undeterred by Troubled Economy

By
– Commercial Property News

No part of the commercial real estate industry has been spared by the economic crisis, but the senior living sector has been less brutally impacted than others have. And according to a new report issued jointly by a quintet of industry groups, the assisted living sub-sector is achieving the seemingly impossible these days–high occupancy levels.

The 2009 Overview of Assisted Living Survey was jointly produced by the Assisted Living Federation of America, the American Association of Housing and Services for the Aging, the American Seniors Housing Association, the National Investment Centers for the Seniors Housing and Care Industry, and the National Center for Assisted Living. As per the results, the current occupancy rate for assisted living properties is nearly 95 percent.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.commercialpropertynews.com/cpn/Interest-in-Assisted-Living-Undeterred-by-Troubled-Economy-1037.htm
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