Article: Average Occupancy Rates Up Slightly for Assisted Living and Skilled Nursing, According to NIC Key Financial Indicators.

Business Editors/Health & Medical Writers

ANNAPOLIS, Md.--(BUSINESS WIRE)--Oct. 7, 2002

Average occupancy rates for assisted living and skilled nursing properties rose slightly in the second quarter of 2002, according to the most recent figures released today by the National Investment Center for the Seniors Housing & Care Industries (NIC).

The NIC Key Financial Indicators, updated quarterly and posted on www.NIC.org, include details on occupancy rates, as well as loan volume and loan performance, move-in rates, construction starts, and capitalization rates as reported by the leading lenders, owners/operators and appraisal professionals in the ...

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