As challenges persist in both skilled nursing and seniors housing fundamentals, pricing trends have differed over the past couple years. We have seen a decrease in the price per bed in the skilled nursing sector. But at the same time and even with today’s more challenging operating environment, seniors housing price per unit has been relatively steady which shows that…
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Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted living for residents who are…
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Will technology really help provide care solutions for the seniors housing and care sector? According to the 2018 NIC Fall Conference lunch speaker, new technology will have a huge impact on care—and sooner than you may think. Global tech entrepreneur Vivek Wadhwa is well-known for his ability to predict and describe revolutionary technological advances long before they transform our lives.…
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Registration now open
Back by popular demand, the 2018 NIC Seniors Housing Boot Camp, The Art of Assessing a Deal, will be held Wednesday, October 17 from 10:00 am – 2:00 pm at the Hyatt Centric Chicago. Boot Camp is an interactive workshop for professionals looking to familiarize themselves with the unique aspects of investing in seniors housing real estate.…
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The Labor Department reported that there were 157,000 jobs created in the U.S. economy in July, below the consensus expectation of 193,000. However, revisions added 59,000 to the prior two months as June was revised to 248,000 from 213,000 and May was revised to 268,000 from 244,000. Payrolls have averaged 215,000 per month so far this year, up from 182,000…
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