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

Five Key Takeaways from NIC MAP’s Second-Quarter Seniors Housing Data Release

Last week, NIC MAP® Data Service clients attended a webinar on seniors housing market trends through the second quarter of 2017. Key takeaways included: Takeaway #1: Seniors housing occupancy fell 50 basis points to 88.8% The all occupancy rate for seniors housing, which includes properties still in lease up, was 88.8% in the second quarter, […]

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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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Seniors Housing Returns Moderate, but Continue to Outpace Broader Property Index

Investment returns for seniors housing historically have outpaced the overall NCREIF (National Council of Real Estate Investment Fiduciaries) Property Index (NPI), a property-level index that tracks investment return performance for commercial real estate. But while seniors housing returns outperformed the NPI in the first quarter of 2017, the total annual return for this sector has […]

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Looking Below the Headline Numbers: Dynamic Occupancy Patterns

Its Local, local, local.  Seniors housing market fundamentals are not the same for all markets as local development and demand situations shape conditions.  In the first quarter of 2017, pronounced differences in occupancy rates could be seen by both property type and geography.  By property type at the national level, there was a 370 basis […]

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