Senior Assisted Living developers - Is market soft post covid?

I read a report from NIC that occupancy for Independent Living, Assisted Living, and Nursing Care catagories within Senior Housing are all down post Covid. We are looking at Sponsoring some Assisted Living developments in select aging markets. Aside from the obvious aging demographic, will post Vax complications create a resurgence for need. I would like to hear from anyone with current experience in this Market. Thank you.