Occupancy and Construction rate for Senior Housing lower since 2007

According to the National Investment Center for the Seniors Housing and Care Industry, the construction of new units has slowed from about 4% during the Q1 of 2007 to about 2% during Q1 2012. Annual inventory growth (excluding new units) has also slowed but less dramatically. Occupancy has also declined during the same period for independent (92.5 to 88%), assisted (91 to 89%), and nursing care (91 to 88%) facilities.

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