DALLAS: The average seniors housing properties occupancy rate for the second quarter of 2016 was 89.7 percent, down 0.3 percentage point from the first quarter. The occupancy rate is unchanged year-over-year and has averaged 89.7 the past three years.
“By property type, it is notable that independent living’s annual absorption rate slowed, while its annual rate of inventory growth is accelerating,” says Beth Burnham Mace, chief economist for NIC, in a press release…..