Seniors housing occupancy in Q3 2021 reversed from its pandemic-related low of the quarter before to top the 80% mark, according to new NIC MAP data.
Measured at 80.1%, this is a 1.4 percentage point increase from its pandemic-related low of 78.7% in the second quarter.
A significant rebound in demand and modest increase in supply contributed to the occupancy rate increase, according to NIC. Occupancy increased for assisted living, independent living, and nursing care properties.
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