“Assisted Living Occupancy Falls to a 6-Year Low Due to Record Breaking Inventory Growth”
Record breaking inventory growth is driving assisted living occupancy to lows not seen since the tail end of the Great Recession. Yet not evenly. Data shows that in the nation’s top markets, AL occupancy ranges from 80% in Houston to 96% in San Jose. That’s the difference between negative EBTIDAR margins and healthy coverage. So what drives these differences?
Factors Driving Assisted Living Market Performance
As we all learned in Econ 101, supply and demand drives market