NIC Posts 3Q09 Key Financial Indicators
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NIC has posted to its website updated 3Q09 data from its Key Financial Indicators (KFIs)
service. Each quarter since 1999 NIC has posted, through its KFI service, key statistics on loan volume,
loan performance, and capitalization rates. Highlights for the third quarter include:
- The total amount placed in the quarter was $2,035 million, which is up from the 2Q09 total
of $427 million and up from the 3Q08 total of $1,006 million. While the third quarter amount
placed was up, the amount placed in the first three quarters of the year ($2,924M) is down 51% from
the same period in 2007 ($5,997M).
- The percentage of performing loans at 98.5% in 3Q09 is down 40 basis points from
3Q08 when it was 98.9%.
- For IL, cap rates were up 10 basis points from 8.7% in 3Q08 to 8.8% in 3Q09. The IL cap rate has increased
21% from the historical low of 2007.
- For AL, cap rates were up 40 basis points from 9.2% in 3Q08 to 9.6% in 3Q09. The AL cap rate has increased
13% from the historical low of 2007.
- For nursing homes, cap rates were up 45 basis points from 12.75% in 3Q08 to 13.2% in 3Q09. The nursing
home cap rate has increased 10% from the historical low of 2007.
Each quarter, NIC posts the current quarter KFIs for
complimentary viewing. NIC also makes available a downloadable time series as well as analysis of KFI
data to
NIC Executive Circle
members.
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Seniors Housing & Care
Industry Calendar
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| February 2010: |
| 17-19 | AHLA Long Term Care and the Law Conference - Miami, FL |
| 22-24 | AAHSA Future of Aging Services Conference and Leadership Summit - Washington, DC |
| March 2010: |
| 2 | Access to Nature Webinar: The Value of Nature for Older Adults - 1:00 p.m. EST
led by Susan Rodiek, Ph.D., Professor in Health Facilities Design, the College of Architecture, Texas A&M University
sponsored by the Pioneer Network |
| 8 | NIC Conference Planning Committee Meeting, San Diego, CA |
| 8-10 | NIC National Skilled Nursing Investment Forum, Hilton, San Diego, CA |
| 9 | NIC Executive Committee Meeting, San Diego, CA |
| 9 | Access to Nature Webinar: Improving Outdoor Access for Older Adults - 1:00 p.m. EST
led by Susan Rodiek, Ph.D., Professor in Health Facilities Design, the College of Architecture, Texas A&M University
sponsored by the Pioneer Network |
| 9-11 | NIC Regional Symposium, Hilton, San Diego, CA |
| 11-12 | AHCA/NCAL Independent Owner Conference - Scottsdale, AZ |
| 16 | Access to Nature Webinar: Safe and Usable Outdoor Spaces for Older Adults - 1:00 p.m. EST
led by Susan Rodiek, Ph.D., Professor in Health Facilities Design, the College of Architecture, Texas A&M University
sponsored by the Pioneer Network |
| 24-25 | PREA Spring Conference, The InterContinental Boston, Boston, MA |
| April 2010: |
| 14-16 | Joint NIC/ ASHA Spring Meetings, Dallas, TX |
| 21-23 | AHCA/NCAL Spring Multifacility Conference for CEOs and Senior Executive Leaders - Clearwater Beach, FL |
| May 2010: |
| 1-4 | LTC 100 Conference, Key Biscayne, FL |
| 25-27 | ALFA Annual Conference & Expo, Phoenix, AZ |
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