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Experts optimistic that senior housing is rebounding: report

March 06, 2023

For starters, occupancy has been increasing steadily. According to data from NIC MAP Vision, senior living and care occupancy for November to January had recovered 5.2 percentage points above a pandemic low of 77.8% in June 2021, standing at 83%.

Some locations are seeing a greater surge in demand than others and are poised for quicker recovery, according to the report, which also noted that senior housing occupancy is rebounding more quickly in Florida, Texas and Arizona than in other parts of the country.
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