How To Turn Low Occupancy into an Opportunity for Your Community
After two consecutive quarters of decline, senior housing occupancy finally inched up in the third quarter of 2015, according to NIC (National Investment Center for Senior Housing and Care) numbers. But, not every senior living executive is able to say occupancy rates are up.
For many, bringing in new residents can be challenging. Some communities put a lot if time and money into something they thought would impact occupancy, but didn’t give them the returns they anticipated after all. Others remain undecided on just what investment strategy will really impact occupancy.
Source: New feed