Z-News | Senior Living Finance: LPC Performance: Entrance Fee Occupancy Surpasses 90% in 4Q 2023
The following analysis examines occupancy and year-over-year changes in inventory, and same-store asking rent growth—by care segment—within entrance fee LPCs and rental LPCs in the 99 combined NIC MAP Primary and Secondary Markets. The analysis also explores the recovery of regional occupancy rates by majority contract type (entrance fee LPCs vs. rental LPCs) and compares the distribution of occupancy among different community types and by contract type during the fourth quarter of 2023.