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

Seniors Housing Inventory Growth–A Lot or Not So Much–Some Perspective

First-quarter data showed continued downward pressure on occupancy rates, with assisted living occupancy falling to its lowest level since NIC began reporting data in 2006—85.7%.  A broader measure, the occupancy rate for all of seniors housing (independent and assisted living) for the 99 Primary and Secondary markets tracked by the NIC MAP® Data Service, had […]

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Lease-Up Trends by Segment Type

Benchmark data can inform project projections By Lana Peck, Anne Standish and Beth Mace Among the many factors that determine the profitability of a project is the pace of initial move-ins or leasing momentum. A well-located and rapidly leased-up project can build forward momentum for steady demand, high occupancy and solid revenue growth, and build […]

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Jobs Increase by 164,000 in April 2018

The Labor Department reported that there were 164,000 jobs created in the U.S. economy in April, below the consensus expectation of 193,000.  This followed a downwardly revised gain of 324,000 jobs in February (originally reported as 326,000) and an upwardly revised gain of 135,000 in March (originally reported as 103,000).  The two-month revision was a […]

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Jobs Increase by 223,000 in May 2018

The Labor Department reported that there were 223,000 jobs created in the U.S. economy in May, well above the consensus expectation of 190,000.  This followed a downwardly revised gain of 159,000 jobs in April (originally reported as 164,000) and an upwardly revised gain of 155,000 in March (originally reported as 135,000).  The two-month revision was […]

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Five Key Takeaways from NIC’s First-Quarter 2018 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2018. Key takeaways included the following. Takeaway #1:  Seniors housing occupancy fell to 88.3% The all occupancy rate for seniors housing, which includes properties still in lease up was 88.3% in the first quarter, […]

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