NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

Closed Transaction Volume Down Significantly in Q2, But Pick Up Likely Later in the Year

There have been numerous high profile deals announced over the past couple months which should drive the volume higher by year-end. However, transaction dollars that closed in the second quarter of 2017 were down significantly, which was mostly driven by the decrease in seniors housing volume. Compared to the first quarter, seniors housing volume dropped […]

Topics: Research
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U.S. economy generated 222,000 jobs in June 2017.

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 222,000 positions in June, the largest increase since February, and above the consensus 175,000 estimate.  This followed gains of 207,000 in April, originally reported as 174,000, and 152,000 in May, originally reported as 138,000. Monthly revisions result from additional reports received from […]

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Labor Is a Challenge–A Familiar Lament

Increasingly, operators of seniors housing and care properties are reporting labor shortages in all occupations across their operating platforms, ranging from care managers to executive directors. More broadly, U.S. employers in April advertised the most job openings in 16 years, yet hiring fell and fewer people quit work.   Indeed, job openings rose 4.5% in April […]

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