News
News
Key Takeaways from NIC’s First Quarter 2019 Seniors Housing Data Release
NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2019. Key takeaways included the following: Takeaway #1: Seniors Housing Occupancy Was Largely Unchanged, but Remained Soft in Q1 2019 Based on the quarterly patterns of inventory and absorption, the all occupancy rate …
Deep Dive: Memory Care Performance in the Primary Markets
It’s no secret that the U.S. population of seniors living with dementia is expected to grow in the coming years and thus the demand for memory care (MC) services is expected to increase as well. As a result of anticipated demand, there has been notable growth in memory care units, especially between 2011 and 2016. This has occurred in freestanding memory care properties as well as in properties that offer …
Fostering Leadership in Seniors Housing and Care: NIC and NELS
As a mission-driven, non-profit organization, NIC is committed to supporting and developing the future leaders influencing seniors housing and care. In its selective process, NIC objectively chooses accomplished young professionals in the seniors housing and care and finance sectors to form the NIC Future Leaders Council (FLC). While gaining valuable experience developing their leadership skills, FLC members further NIC’s mission of enabling access and choice in…
Game Changer! NIC MAP® Introduces Rate Tiers
NIC MAP® Seniors Housing Rate Tiers Similar to the intent of “class categorizations” seen across other commercial real estate property types, NIC MAP® has recently developed a “rate tiers” approach to our seniors housing property database that is quantitative and objective, with a goal to further segment our data for our clients. Useful to investors,…
4Q2018 Seniors Housing Actual Rates Key Takeaways
The NIC MAP® Data Service recently released national monthly data through December 2018 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the monthly rates…
2019 NIC Spring Conference Highlights
Focused on transformational change and increased collaboration, the annual event brought together more than 1,700 seniors housing and care executives – and a growing number of healthcare players – in San Diego, February 20-22. The conference theme, “Investing in Seniors Housing & Healthcare Collaboration,” addressed the reality that the sector faces a period of change…
Liquidity Abundant in 2018
Private Buyers Remain Very Active There may have been some challenges in the seniors housing and care markets in 2018 but it is safe to say that liquidity did not seem to be one of those challenges based on the latest sales transactions data. Indeed, not only was there strong dollar volume registered in terms of closed sales transactions, but…
The 2019 NIC Spring Conference is Underway
Focused on the theme, “Investing in Seniors Housing & Healthcare Collaboration, the 2019 NIC Spring Conference kicked off on Wednesday afternoon. The Conference drew more than 1,500 attendees, including investors, seniors housing and care operators, and healthcare providers. A reception was held for first time attendees. “Our company has six projects coming out of the…
Speaker Paul Ryan to Address the 2019 NIC Spring Conference
Former Speaker of the U.S. House of Representatives Paul Ryan will offer insight on what to expect from the new Congress and the impact on America’s seniors Paul Ryan, the 54th Speaker of the United States House of Representatives (2015-2019), will address the 2019 Spring Conference of the National Investment Center for Seniors Housing …