Inside high and low senior living occupancy metros
Nationwide senior housing occupancy is near a historic low, as many providers across the U.S. are grappling with oversupply.
But focusing on nationwide occupancy and supply doesn’t do justice to the nuances of the industry and to the individual markets themselves. Even in some of the nation’s lowest-occupied markets, savvy providers still can carve out successful niches. And in high-occupancy markets, achieving success is more complicated than “build it and they will come.”
To gain further insight into the opportunities and challenges for senior housing in two drastically different metros, Senior Housing News connected with developers, providers, and industry experts, including Jacob Boss, a senior consultant with senior living development advisory firm Plante Moran Living Forward.
Read the full article to hear Jacob and other experts weigh in on the factors underpinning occupancy rates and offer hints as to where the markets may be headed.