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

NIC Scholarship Program Encourages New Grads to Choose Senior Living as a Career

As America’s senior population continues to grow at an unprecedented rate, the need for a larger, well-trained workforce is becoming imperative. And while the growth of the seniors housing and care industry offers exceptional career opportunities for those entering the workforce, the industry at large is still often over looked. To support its mission of leadership development, NIC has established…
Topics: FLC, Research
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When Aging Becomes Living: Evolving to Meet Boomers’ Demands

Via Alexander Stross For the self-reliant, self-sufficient, and control-centric boomer, the thought of inhabiting one of the senior living properties in use today is a fear worse than death. While this may sound like an extreme statement, Aging in Place in America, a study commissioned by Clarity and The EAR Foundation, found that only 3% of survey respondents stated…
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A Tale of Many Cities

Occupancy Winners and Losers. Seniors housing occupancy rates vary considerably across the nation, with Lancaster, PA, ranking as the strongest occupied market among the NIC 99 in the third quarter at 96.9%, followed by Charleston, SC (at 94.9%), and San Jose, CA (at 94.8%). Four metro areas with the lowest occupancy rates share one thing in common—Texas. These include McAllen,…
Topics: Research
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Smart Capital is the Best Capital: Meet Your Next Capital Provider

Today’s capital market conditions are favorable: capital is relatively inexpensive and readily available. Looking ahead, what will happen if and when the capital markets change? A change in policy by the Federal Reserve has the potential to cause a sea of change for both lenders and borrowers as the cost of capital increases. Higher interest rates will change the economics…
Topics: Events, Research
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At 211,000, November’s Job Gains Are Strong

The first Friday of the month at 8:30 EDT is widely anticipated by market participants as the Labor Department presents a fresh gauge of the most recent economic performance in its release of the labor report for the prior month.  Today’s number was even more closely watched since it will be the most up to date information on the labor…
Topics: Research
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November 2023 NIC Insider Newsletter Now Available Read Now »