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

U.S. economy created 211,000 jobs in April 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 210,000 positions in April, well above the consensus 190,000 estimate.  This followed gains of 79,000 in March, originally reported as 98,000 and 232,000 in February, originally reported as 219,000.  The weak March payroll increase appears to have been weather related.  Monthly revisions […]

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State Medicaid Programs in Quite a State

The public discourse recently has narrowed on the big capital “R” reforms potentially coming down from the federal government on states regarding their Medicaid funding. Meanwhile,  states themselves have a lot on their plates regarding Medicaid, despite the uncertainty of the future of the program and its financing. Some states, like North Carolina and Kansas, […]

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Institutional Buyers Drive Transaction Volume Increase

The preliminary data for seniors housing and care Q1 2017 transactions volume showed a significant uptick from the prior quarter. Volume totaled $4.4 billion in the first quarter. The increase in volume was mainly driven by the public REIT divestitures and the institutional players, namely Blackstone, stepping in to acquire properties. The first quarter of […]

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Six Key Takeaways from NIC’s First-Quarter Seniors Housing Data Release

This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017.  Key takeaways included: Takeaway #1:  Occupancy Fell in the First Quarter The occupancy rate for seniors housing properties fell 30 basis points in the first quarter of 2017 to 89.3%, as net additions […]

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