The NIC Map Data Service recently released national benchmark data through mid-year 2017 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.
As of June 2017, assisted living initial rates averaged…
Read Post ›
New technologies have the power to link housing and health care to improve the lives of seniors, according to a panel of experts who spoke at the 2017 NIC Spring Investment Forum. The panelists presented cutting edge case studies of how technology is being leveraged to improve and coordinate care during a session titled, “Using Innovative Technology to Connect Senior…
Read Post ›
On Tuesday, August 15, the Centers for Medicare and Medicaid (CMS) published a proposed rule to reverse many of the policies surrounding bundled payments that had been initiated under the Obama administration. The Secretary of Health and Human Services (HHS) Tom Price had voiced his opposition to bundled payments before assuming his current role in the Trump administration, and therefore…
Read Post ›
The price per unit/bed for seniors housing and care properties has remained relatively stable through the second half of 2017. As capital continues to flow into the sector with more interest from private buyers and institutional capital, as of late, there remains competitive bidding for properties though deals closing recently have mostly been smaller, single-property transactions.
Seniors housing price per…
Read Post ›
How much of the average retiree’s Social Security income is left after paying for medical care? How does health impact wealth in retirement? How much of a role can home equity play to provide security in old-age?
These questions and many others were explored at the 19th annual Retirement Research Consortium Meeting, which was held on August 3-4 at the…
Read Post ›