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

NIC Skilled Nursing Data: Key Takeaways from the First-Quarter 2017 Report

NIC has just released its first quarter 2017 Skilled Nursing Data Report, which includes key monthly data points from April 2012 through March 2017. The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties.  While NIC continues to add more operators and properties to the data […]

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U.S. economy generated 138,000 jobs in May 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 138,000 positions in May, well below the consensus 182,000 estimate. This followed gains of 174,000 in April, originally reported as 211,000 and 50,000 in March, originally reported as 79,000. Monthly revisions result from additional reports received from businesses since the last published […]

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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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Understanding Your Market Study Part 3: Conducting a Desktop Competitor Analysis

The first segment of this multi-part series established that market studies are a critical component of determining whether a proposed seniors housing property is an attractive investment opportunity. The second segment touched on maximizing accuracy in defining a market area. And the third segment discussed quantifying and qualifying the competitive environment. Concluding the third segment […]

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Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains

 Q1 2017 Transactions Update: Portfolio Deals Drive Volume Gains This blog is a follow-up to the preliminary transactions data from last month’s post.  Here is the latest data as of Q1 2017. Transaction Dollar Volume Increases Transactions volume for seniors housing and care registered $4.6 billion in Q1 2017. Seniors housing had a strong quarter, […]

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