Today’s Labor Department employment report for the month of October was strong and possibly strong enough for the Federal Reserve to raise its benchmark interest rate at its upcoming December meetings. A rate hike had been expected by many analysts for much of 2015, but weakness in the labor markets, among other things, has kept the Fed on the sidelines.…
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Beth Burnham Mace, Chief Economist, Director of Capital Markets Outreach
Business cycles. Real estate cycles. Development cycles. Timing is everything. Buy low. Sell high. Understand your markets. Understand your competition. Understand your specific competitive position in your specific market. These are all part of the lexicon for real estate professionals, owners, investors and operators. Know when to get in. Know…
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Investor interest in the seniors housing and care sector is strong. Transactions are near peak levels in terms of both dollar volumes and the number of deals closing. Over the past four quarters, 554 deals closed, a near-record pace and equal to $23.4 billion of transactions. Strong demand is pressuring prices higher, with per-unit pricing averaging $173,000 for seniors housing…
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At 173,000, August’s job gains are below market expectations and make a September rate hike by the Fed less certain
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. …
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Over the past 55 years, the skilled nursing industry has undergone transformation. Today, it continues to evolve, bolstered by demand for more specialized and medically complex services and a payment system that continues to change.
The modern skilled nursing industry began in 1965 when Medicare and Medicaid programs were enacted. The industry saw significant growth in the following decades. Until…
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