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

Third Quarter Seniors Housing Occupancy Rose, but is Seasonality Clouding the Signal?

Evidence of a market peak continues to build, as both occupancy continues to meet resistance at its current level. While seniors housing occupancy during the third quarter rose 20 basis points to 89.9%, those gains are seemingly all seasonal in nature and likely not indicative of an underlying improvement. After running the same seasonal adjustment procedure the government uses to…
Topics: Research
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Obsolescence Risk Looming for Properties of the Last Building Boom?

Construction and supply continue to remain hot topics in seniors housing, especially in assisted living, where construction exceeded 6% of existing inventory during the second quarter of 2015. The risk for older properties is in the potential loss of market share, which could be siphoned by new competitors. New properties generally have a competitive advantage to older properties, especially ones…
Topics: Research
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Accelerating Inventory Growth Pressures Seniors Housing Occupancy

For the first time during the recovery, seniors housing experienced a sizeable rate of inventory growth, which surpassed absorption and caused occupancy to slip 20 basis points during the quarter. During the second quarter, inventory grew at a 2.7% annual rate, its fastest rate of growth since the second quarter of 2009 when inventory grew at a 3.9% annual rate.…
Topics: Research
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Public REITs Continue to be Major Investors in U.S. Seniors Housing & Care Properties

In light of REIT Week, NIC wanted to share valuable insight into the impact of health care REITs related to seniors housing and care. Health care REITs own and operate properties including senior housing and skilled nursing properties, hospitals and other medical office buildings. Low interest rates, attrative financing, solid returns and robust demand are all factors that indicate that…
Topics: Research
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The Latest in Seniors Housing Supply and Demand: Trends and Headwinds

If talk about growth in the supply of seniors housing properties has raised more questions than answers, then this summary is for you. Industry experts drilled down at the NIC 2015 Capital and Business Strategies Forum to explain everything from which seniors housing property types are seeing the strongest demand to which are facing headwinds from new supply. Whether you…
Topics: Research
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