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Research | Jan 6, 2023
The senior housing occupancy rate increased 0.9 percentage points from 82.1 percent in third quarter 2022 to 83.0 percent in fourth quarter 2022, according to data from NIC MAP Vision. The occupancy rate has increased 5.2 percentage points from a pandemic low of 77.8 percent in second quarter 2021.
Transactions | Jan 5, 2023
Harrison Street has formed a joint venture with WerkLiv, a Montreal-based real estate development firm that focuses on cost-conscious student housing, to acquire Le Mildoré, a 279-bed purpose-built student accommodation (PBSA) project in Montreal.