Apr
20

Have Seniors Housing Occupancy Rates Hit Bottom?

By
– National Investment Center

Recently released 4Q09 NIC MAP data shows that the seniors housing occupancy rate in MAP 31 was 88.9%, which is down 40 basis points (bps) from 3Q09 and 120 bps from 90.1% in 4Q08. This marks the 10th time in the past 12 quarters the occupancy rate has fallen. But despite the quarterly decline there are signs that seniors housing occupancy rates may be bottoming.


ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

Be Sociable, Share!
    Categories : National News

    Comments are closed.