HilltopSecurities has revised its outlook on the senior living sector to stable from cautionary. This change is due to reported increases in occupancy approaching pre-COVID levels, higher monthly community revenue, and stabilized expense pressures, including labor and food costs. This update is especially relevant given the 68% growth in senior living issuance in 2024 (year to date through Dec. 11, 2024), a trend that is expected to continue into 2025.

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