NIC recently released its latest data on the senior care market. NAREIT also published a story on the results. The data showed slowing activity in construction, slight declines in occupancy, but a small uptick in rents. These results seem to be in line with the regional activity we're seeing. The attached chart highlights changes from the 4th quarter in 2008 to 2009 Senior Housing Update - Rents Up, Occupancy Slightly Down
NIC recently released its latest data on the senior care market. NAREIT also published a story on the results. The data showed slowing activity in construction, slight declines in occupancy, but a small uptick in rents. These results seem to be in line with the regional activity we're seeing. The attached chart highlights changes from the 4th quarter in 2008 to 2009