The latest senior housing analysis from May shows continued positive trends. The improvements in lead and tour volume from the same time last year compared to May 2021 continue to be encouraging. Census has improved, and while overall increases continue to be small, the numbers are moving in the right direction. The uptick in leads and tours, and the shortening of the conversion period from tour to move-in would indicate that those census gains will continue. Until then, revenues are still down from same time last year, but with vaccinations continuing and reported COVID cases and deaths the lowest since June of 2020, the future is looking brighter every day.
