The NIC Map Data Service recently released national benchmark data through year-end 2016 for actual rates and leasing velocity. Key takeaways include:
Average initial rates were below average asking rates for both independent living and assisted living properties, with monthly spreads larger for assisted living properties throughout the entire reported period.…
About one-third of Medicare beneficiaries are enrolled in managed care today, and nearly half of all seniors are expected to be enrolled within the next 10 years.
With that sobering statistic in mind, senior care operators need to understand the opportunities presented by the rapid expansion of managed care and the challenges that lie ahead.…
Texas is no stranger to seniors housing. Of the 140 markets tracked by the NIC MAP® Data Service (NIC MAP), 6 are in Texas: Austin, Dallas/Fort Worth, El Paso, Houston, McAllen, and San Antonio. Two of those are among the largest metro areas in the nation.
In this blog post, I give you an analysis of Texas’ seniors housing market…
Read Post ›
It may be counterintuitive, but collaboration with enterprises outside the real estate sector such as chronic and transitional care management, homecare, and care management technology services could be the key to unlock added value for seniors housing and care organizations.
New care delivery models for frail seniors are emerging that integrate health and supportive services which could improve health care…
Read Post ›
This post is a follow-up to last month’s
transactions data blog post, providing updated data for the fourth quarter of 2016.
Volume and Deals Closed
Property sales transactions volume for seniors housing and care in 2016 registered $14.4 billion, with $7.8 billion in seniors housing and $6.6 billion in nursing care. Total annual volume was down 34% from 2015’s…
