Independent Living
Properties that offer independent living services for older adults. For a fee, there is access to meals in addition to housekeeping, social and transportation services.
Independent Living Resources
Independent Living Rate Growth Rebound, Assisted Living Discounts Deepen in 3Q24
Data from the recently released 3Q 2024 NIC MAP Vision Actual Rates Report show that: Independent living (IL) properties experienced a strong rebound in year-over-year growth across all rate types. In the third quarter of 2024, independent living (IL) properties experienced a strong rebound in year-over-year growth across all rate types,…
Senior Housing Posts Positive Total Returns in Third Quarter 2024; Year-to-Date Index Outperformance Led by Independent Living: NCREIF Performance Report Q3 2024
Senior housing posted a positive total return of 0.71% in the third quarter of 2024, slightly trailing the broader Expanded NCREIF Property Index (Expanded NPI), which posted a total return of 0.83%. Positive income returns for senior housing (+1.15%) were partially offset by negative appreciation (-0.44%), but still resulted in…
Second Quarter 2024 Senior Housing Posts Positive Total Returns for Both Independent Living and Assisted Living
Senior housing posted a positive total return of 0.91% in the second quarter of 2024, outperforming the broader NCREIF Property Index (Expanded NPI), which posted a total return of -0.22% in the second quarter. Positive income returns for senior housing (+1.29) were partially offset by negative appreciation (-0.38%), resulting in…