In March 2020, the National Investment Center for Seniors Housing and Care (NIC) launched the Executive Survey Insights survey (ESI). The survey, now in its 28th wave, has provided a timely understanding of the impact of the COVID-19 pandemic on the seniors housing and nursing care industry and highlighted the many challenges and successes of the industry during this turbulent time.The survey is comprehensive and provides results that support analysis of the impact of the pandemic on properties of every size, type and ownership structure, as well as across seniors housing care segments, such as skilled nursing, independent living, assisted living and memory care. Each completed questionnaire has delivered information from the perspective of an owner/operator’s entire portfolio of seniors housing and nursing care properties, providing real-time insights on hundreds of buildings and thousands of units across the country every two weeks since near the beginning of the pandemic in mid-March 2020. Detailed reports for each “wave” of the survey and a PDF of the report charts can be found on the NIC COVID-19 Resource Center webpage under the Executive Survey Insights section.
Nearly two-thirds of NIC survey respondents expect their organizations’ occupancy rates to recover to pre-pandemic levels sometime in 2022.