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After pandemic-era lull, senior housing sector appears poised for a rebound

After a series of high-profile challenges faced by senior living facilities in the wake of the COVID-19 pandemic, U.S. senior housing facilities appear poised for a rebound, according to reporting from The Wall Street Journal.

Occupancy rates at private-pay senior care facilities are nearing pre-pandemic levels, according to new data from the National Investment Center for Seniors Housing & Care (NIC).

“In the fourth quarter of 2023 the average rate was at 85.1% in the 31 largest U.S. markets,” according to the data reported by the Journal. “While that is still 2 percentage points below the first quarter details ⇒

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