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

Key Takeaways from the Second Quarter 2018 NIC Skilled Nursing Data Report

The second quarter 2018 NIC Skilled Nursing Data Report was released last week.  The report includes key monthly data metrics from October 2011 through June 2018.  The report also includes the latest urban vs. rural and revenue mix trends. Here are some key takeaways from the report: Pressure on skilled nursing occupancy continues as the […]

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Jobs Increase by 201,000 in August 2018.

The Labor Department reported that there were 201,000 jobs created in the U.S. economy in August, above the consensus expectation of 190,000.  However, revisions subtracted 50,000 to the prior two months as June was revised to 208,000 from 224,000 and July was revised to 147,000 from 157,000.  Payrolls have averaged 207,000 per month so far […]

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How Have Seniors Housing and Care Segments Performed Since the Recent Market Cycle Peak?

Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted […]

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Five Key Takeaways from NIC MAP’s Second-Quarter Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-July on the key seniors housing data trends during the second quarter of 2018. Key takeaways included the following: Takeaway #1: Seniors housing occupancy fell to 87.9% The all occupancy rate for seniors housing, which includes properties still in lease up was 87.9% in the second […]

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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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